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Match the items of List - I with the items of List - II and select a correct code : List-IList-II (a)…

Matching the financial market institutions with their functions: (a) SEBI is responsible for the regulation of the secondary securities market (iii); (b) RBI issued Ad-hoc…

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Match the items of List - I with the items of List - II and select a correct code :

List-IList-II
(a) SEBI(i) Exchange for small companies
(b) RBI(ii) Secondary market in treasury bills
(c) STCI(iii) Regulation of secondary market
(d) OTCEI(iv) Ad-hoc treasury bills
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Answer and explanation

Correct answer B

Matching the financial market institutions with their functions: (a) SEBI is responsible for the regulation of the secondary securities market (iii); (b) RBI issued Ad-hoc Treasury Bills to the Central Government (iv); (c) Securities Trading Corporation of India (STCI) was established to develop an active secondary market in Treasury Bills and dated government securities (ii); and (d) OTCEI (Over-The-Counter Exchange of India) was set up as an electronic exchange for small and medium companies (i).

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