भारत में क्रेडिट रेटिंग एजेंसियों को कौन सा वैधानिक निकाय विनियमित करता है?

Which of the following landmark legislative acts established the statutory regulatory body to protect investors and ensure transparency in the Indian capital market?

Intermediation and Regulation are critical to the functioning of financial markets. Which TWO of the following statements regarding market functions and regulation are correct? 1. Financial intermediaries provide 'maturity transformation' by bridging the gap between the short-term requirements of lenders and the long-term requirements of borrowers. 2. Disintermediation allows a company to raise funds at lower risk because it removes the 'middleman' costs of a bank. 3. Regulation is often implemented to address 'market failures,' such as when a company achieves a monopoly position and produces output at prices higher than necessary. 4. Direct taxes, such as VAT, are levied on consumption rather than income to help balance the government budget.