NISM Certifications · NISM-Series-VII: Securities Operations and Risk Management · Market Participants in the Securities Market
Who is responsible for registering and regulating stock brokers, clearing corporations and depositories in India?
SEBI is responsible for registering and regulating stock brokers, clearing corporations and depositories. It is the statutory securities market regulator, whereas RBI oversees banking and money markets and IRDAI oversees the insurance sector.
- ASEBICorrect
- BRBI
- CIRDAI
- DMinistry of Corporate Affairs alone
Explanation
SEBI registers and regulates stock brokers, clearing corporations, depositories and other intermediaries in the securities market. RBI regulates banks and money markets, and IRDAI regulates insurance.
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