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NISM Certifications · NISM-Series-XV: Research Analyst · Introduction to Securities Market

Which entity acts as the regulator of the securities market in India and was established with the objectives of protecting investor interests and promoting market development?

SEBI, the Securities and Exchange Board of India, is the securities market regulator. Its mandate is to protect investors' interests, promote development of the market and regulate it. RBI, IRDAI and NSDL have different roles and are not the securities market regulator.

  1. ASecurities and Exchange Board of IndiaCorrect
  2. BReserve Bank of India alone
  3. CInsurance Regulatory and Development Authority of India
  4. DNational Securities Depository Limited

Explanation

SEBI is the statutory regulator of the Indian securities market, with the mandate to protect investors, develop the market and regulate it. RBI regulates banks and money market areas, IRDAI regulates insurance, and NSDL is a depository, not a regulator.

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