Question

Which organisation regulates and monitors the stock market and defends the benefits of the investors by imposing certain rules and protocols?

• A. IEX
• B. SEBI
• C. RBI
• D. IRDA

Answer 1

Answer:

B. SEBI

The organization that regulates and monitors the stock market in India, protecting investor interests through rules and protocols, is the Securities and Exchange Board of India (SEBI). SEBI stands for Securities and Exchange Board of India. It is a statutory regulatory body that was established by the Government of India in 1992 for protecting the interests of investors investing in securities along with regulating the securities market. SEBI also regulates how the stock market and mutual funds function. The Securities and Exchange Board of India was constituted as a non-statutory body on April 12, 1988 through a resolution of the Government of India. The Securities and Exchange Board of India was established as a statutory body in the year 1992 and the provisions of the Securities and Exchange Board of India Act, 1992 (15 of 1992) came into force on January 30, 1992.