Multiple choice

The basic regularity authority for mutual funds and stock markets lies with the

  1. RBI

  2. Government of India

  3. Stock Exchange

  4. SEBI
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

SEBI (Securities and Exchange Board of India) is the primary regulatory authority for mutual funds and stock markets in India. RBI regulates banking and monetary policy, while stock exchanges are platforms regulated by SEBI, not regulators themselves.

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