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Question : Which of the following institutions does not regulate capital markets in India?

Option 1: Ministry of finance

Option 2: IRDA

Option 3: RBI

Option 4: SEBI


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Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 12th Jan, 2024

Correct Answer: IRDA


Solution : The correct answer is IRDA.

IRDA or IRDAI stands for Insurance Regulatory and Development Authority of India. It does not regulate capital markets in India. The function of IRDA is to regulate and promote the insurance industries in India. Reserve Bank of India, SEBI & Ministry of Finance are all associated with the regulation of capital markets in India.

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