CSEET · Economic and Business Environment · Key Government Institutions
Which of the following is an activity regulated by SEBI?
SEBI regulates mutual funds and portfolio managers, as they are securities market intermediaries it registers and supervises. Issuing currency, controlling money supply and licensing banks are RBI functions, while minimum support prices are decided by the government.
- AFunctioning of mutual funds and portfolio managersCorrect
- BIssue of banknotes and control of money supply
- CLicensing of commercial banks
- DFixing the minimum support price for crops
Explanation
SEBI registers and regulates intermediaries such as mutual funds, portfolio managers, merchant bankers and stock brokers. Note issue and money supply and bank licensing are RBI functions, while minimum support prices are set by the government on the recommendation of the commission for agricultural costs and prices.
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