BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Reserve Bank of India
|
|
|
Bombay Stock Exchange
|
|
|
Registrar of Companies
|
|
|
Securities and Exchange Board of India
|
Detailed explanation-1: -The Securities and Exchange Board of India (SEBI) is the regulatory authority established under the SEBI Act 1992 and is the principal regulator for Stock Exchanges in India. SEBI’s primary functions include protecting investor interests, promoting and regulating the Indian securities markets.
Detailed explanation-2: -The Bombay Stock Exchange (BSE) is India’s largest and earliest securities market. It is also Asia’s first stock exchange.
Detailed explanation-3: -The Securities and Exchange Board of India Act, 1992: It empowers SEBI to register intermediaries like stock brokers, merchant bankers, and portfolio managers, regulate their functioning, impose penalties including suspending/cancelling the registration.