Question : The introduction of the Securities and Exchange Board of India (SEBI) aimed to regulate and develop which sector?
Option 1: Banking
Option 2: Insurance
Option 3: Stock markets
Option 4: Foreign exchange markets
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Answer (1)
17th Jan, 2024
Correct Answer: Stock markets
Solution : The correct answer is (c) Stock markets.
SEBI is the regulatory body for the securities market in India. It was established in 1988 and plays a crucial role in regulating and overseeing the functioning of the stock exchanges, stockbrokers, and other market intermediaries. SEBI's primary objective is to protect the interests of investors and promote the development and regulation of the securities market, including the stock markets.
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