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22.Which of the following is NOT a SEBI-regulated intermediary?  A. Insurance companies  B. Depository participants  C. Stockbrokers  D. Credit rating agencies

Question

22. Which of the following is NOT a SEBI-regulated intermediary?

A. Insurance companies
B. Depository participants
C. Stockbrokers
D. Credit rating agencies

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Solution

To determine which of the given options is NOT a SEBI-regulated intermediary, let's analyze each option:

  1. Insurance Companies: Insurance companies are primarily regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and not by SEBI.

  2. Depository Participants: These are regulated by SEBI as they facilitate the holding of securities in electronic form.

  3. Stockbrokers: Stockbrokers are regulated by SEBI as they facilitate trading in the stock market.

  4. Credit Rating Agencies: These agencies are also regulated by SEBI as they provide ratings for securities.

Final Answer

A. Insurance companies is the option that is NOT a SEBI-regulated intermediary.

This problem has been solved

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