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Question
Which of the following statements is TRUE about SEBl’s role in the stock market?
Options
SEBI directly buys and sells stocks on the stock exchange.
SEBI regulates and supervises the securities market.
SEBI sets interest rates for banks.
SEBI manages the government’s fiscal policy.
MCQ
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Solution
SEBI regulates and supervises the securities market.
Explanation:
SEBI’s main role is to ensure smooth functioning and regulation of securities markets.
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Chapter 22: Business Regulators and Intermediaries - EXERCISES [Page 306]
