Economics · Financial Market Regulators
Under the current regulatory architecture in India, which entity is responsible for the regulation of the 'Corporate Bond Market' and 'Credit Rating Agencies'?
- 1The Insurance Regulatory and Development Authority (IRDAI) for bond market safety.
- 2The Ministry of Finance through the Department of Economic Affairs.
- 3The Securities and Exchange Board of India (SEBI) under the SEBI Act, 1992.✓
- 4The Reserve Bank of India (RBI) as part of its debt management functions.
Correct answer
The Securities and Exchange Board of India (SEBI) under the SEBI Act, 1992.
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