Multiple choice

The highest authority among the following is the

  1. SEBI

  2. Company Law Board

  3. RBI

  4. Ministry of Finance
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Ministry of Finance is the highest authority among the options listed, as it is the ultimate policymaking body at the central government level. While SEBI regulates mutual funds, RBI oversees monetary policy, and Company Law Board handles corporate matters, all these bodies operate under the broader framework established by the Ministry of Finance. The Ministry has overriding authority on financial sector policy.

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