n NISM Certifications
VII NISM Series VII
Medium

It is the primary responsibility of ______ to regulate the Indian securities market.

Practice question from NISM Series VII Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Reserve Bank of India

  2. B

    Department of Economic Affairs and Ministry of Company Affairs

  3. SEBI

    Correct answer

  4. D

    Finance Ministry

Why this is the answer

SEBI protects investor interests, develops the securities market, and regulates intermediaries and transactions.

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