Economics · Economy
Which of the following statements correctly describes the primary function of the Securities and Exchange Board of India (SEBI)?
- 1It is a regulatory board tasked with administering the GST Council in tax related matters.
- 2It is the regulatory board for managing the financial and credit operations of commercial banks.
- 3It is the statutory regulatory body for monitoring and controlling stock exchanges and capital markets in India.✓
- 4It is a regulatory board to control agricultural producers and pricing.
Correct answer
It is the statutory regulatory body for monitoring and controlling stock exchanges and capital markets in India.
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