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-I | List-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 |
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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UGC NET Commerce