Question : The basic regulatory authority for mutal funds and stock markets lies with the :
Option 1: Goverement of India
Option 2: Reserve Bank of India
Option 3: SEBI
Option 4: Stock exchange
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Correct Answer: SEBI
Solution : Correct Answer is SEBI
In an effort to safeguard investors' interests, it also controls how the nation's stock markets and mutual funds operate. As a non-statutory organization to oversee the securities market, the Securities and Exchange Board of India (SEBI) was first established in 1988. A regulatory body that safeguards the interests of those who invest in the securities market is called the Securities and Exchange Board of India (SEBI).
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