Indian equity market is regulated by____a.SEBIb.Finance Departmentc.RBId.All of the above
Question
Indian equity market is regulated by
- a. SEBI
- b. Finance Department
- c. RBI
- d. All of the above
Solution
The Indian equity market is primarily regulated by the Securities and Exchange Board of India (SEBI). Established in 1992, SEBI's main role is to protect the interests of investors in securities, promote the development of, and regulate the securities market. It oversees the functioning of stock exchanges as well as various entities involved in the securities market to ensure transparent and fair trade practices.
While the Finance Department provides necessary policy directions and RBI manages monetary policies impacting the economy, it is SEBI that specifically addresses the regulatory framework pertaining to the equity market. Therefore, the appropriate answer to the question is:
Final Answer
a. SEBI
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