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Question : Which of the following is not a function of the Securities and Exchange Board of India (SEBI)?

 

Option 1: Regulating the stock market

 

Option 2: Regulating the mutual fund industry
 

Option 3: Regulating the insurance industry

 

Option 4: Protecting the interests of investors


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Team Careers360 25th Jan, 2024
Answer (1)
Team Careers360 27th Jan, 2024

Correct Answer: Regulating the insurance industry


Solution : The answer is (c) Regulating the insurance industry.

SEBI is the regulatory body for the securities market in India. It does not regulate the insurance industry. The insurance industry is regulated by the Insurance Regulatory and Development Authority of India (IRDA).

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