n NISM Certifications
XV NISM Series XV
Medium

Which of the following is a primary objective of SEBI?

Practice question from NISM XV Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Regulate insurance companies in India

  2. Protect the interests of investors in securities

    Correct answer

  3. C

    Determine fiscal policy for the government

  4. D

    Issue currency notes

Why this is the answer

The Securities and Exchange Board of India (SEBI) was established to regulate the securities market and protect investors from unfair practices. SEBI ensures transparency, monitors trading activities, and prevents insider trading or fraud. Options A, C, and D relate to functions of IRDAI, the Finance Ministry, or RBI, not SEBI.

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