Economics · Regulatory Bodies
What was the primary objective behind the establishment of the Securities and Exchange Board of India (SEBI)?
- 1To provide agricultural credit to rural cooperative banks
- 2To manage foreign exchange reserves and exchange rates
- 3To regulate the domestic physical gold market
- 4To protect the interests of investors and promote the development of the capital market✓
Correct answer
To protect the interests of investors and promote the development of the capital market
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