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NISM Certifications · NISM-Series-X-A: Investment Adviser (Level 1) · Introduction to the Indian Financial Markets

Which of the following best describes the role of SEBI in the Indian financial markets?

SEBI regulates the securities market and protects investors in securities. Banking and currency come under the RBI, insurance under IRDAI, and the National Pension System under PFRDA.

  1. AIt regulates banks and issues currency
  2. BIt regulates the securities market and protects investors in securitiesCorrect
  3. CIt regulates insurance companies and intermediaries
  4. DIt regulates pension funds under the NPS

Explanation

SEBI is the securities market regulator, set up to protect investor interests and develop and regulate the securities market. Banks and currency are RBI matters, insurance is IRDAI, and the NPS is regulated by PFRDA.

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