NISM Certifications · NISM-Series-X-A: Investment Adviser (Level 1) · Introduction to the Indian Financial Markets
Which of the following is the regulator that primarily regulates the securities market in India, including stock exchanges, mutual funds and investment advisers?
The Securities and Exchange Board of India is the primary regulator of the securities market, covering stock exchanges, mutual funds and investment advisers. The RBI oversees banking and money markets, IRDAI insurance, and PFRDA pensions, so they are not the main securities market regulator.
- AReserve Bank of India
- BSecurities and Exchange Board of IndiaCorrect
- CInsurance Regulatory and Development Authority of India
- DPension Fund Regulatory and Development Authority
Explanation
SEBI regulates the securities market including stock exchanges, intermediaries, mutual funds and investment advisers. RBI regulates banks and the money and forex markets, IRDAI regulates insurance, and PFRDA regulates pension funds such as the National Pension System.
Did you get it right without looking?
One question tells you little. A timed set on Introduction to the Indian Financial Markets shows your real accuracy, how long you take and where you lose marks.
More Introduction to the Indian Financial Markets questions
- Which of the following instruments is a money market instrument, as opposed to a capital market instrument, in the Indian financial market?
- Which statement about the Reserve Bank of India's Liquidity Adjustment Facility (LAF) is correct?
- Which of the following is the primary function of the secondary market in securities?
- Which of the following is a function of the primary market in India?
- Which of the following best describes the primary market in the Indian securities market?
- Which of the following is regulated by the Reserve Bank of India as an instrument of the money market in India, rather than being primarily …