Question : Which of the following financial institutions of India protects the interests of the investors and facilitates the functioning of the stock market intermediaries?
Option 1: Small Industries Development Bank of India(SIDBI)
Option 2: India Infrastructure Finance Company Ltd (IIFCL)
Option 3: National Housing Bank (NHB)
Option 4: Securities and Exchange Board of India (SEBI)
Correct Answer: Securities and Exchange Board of India (SEBI)
Solution : The correct option is the Securities and Exchange Board of India (SEBI).
The Securities and Exchange Board of India (SEBI) is the financial organization in India that safeguards investor interests and promotes the smooth operation of stock market intermediaries. The Indian securities industry is governed by SEBI.
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