Which of the following statements is true in case of regulation of financial system in India ?
SEBI regulates stock exchanges and mutual funds under the SEBI Act, 1992. Banking and insurance have separate regulators, so neither RBI nor the insurance regulator…
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Which of the following statements is true in case of regulation of financial system in India ?
Answer and explanation
Correct answer B
SEBI regulates stock exchanges and mutual funds under the SEBI Act, 1992. Banking and insurance have separate regulators, so neither RBI nor the insurance regulator exercises all the functions listed.
Practice for these exams
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Maharashtra and Goa SET (MH SET)