Which government organisation is the principal regulator of all the players operating in the Indian securities markets?

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NTPC CBT-I (Held On: 10 Jan 2021 Shift 2)
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  1. SEBI
  2. RBI
  3. IRDAI
  4. NABARD

Answer (Detailed Solution Below)

Option 1 : SEBI
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Detailed Solution

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The correct answer is SEBI.

Important Points

  • Securities and Exchange Board of India (SEBI) is a statutory body and a market regulator, which controls the securities market in India.
  • The basic functions of SEBI are to protect the interests of investors in securities and to promote and regulate the securities market. 
  • SEBI is run by its board of members, the board consists of a Chairman and several other whole time and part-time members.
  • The chairman is nominated by the union government.
    • Founded: 12 April 1992
    • Headquarters: Mumbai
    • Agency executive: Shri Tuhin Kanta Pandey (Chairperson)

Additional Information

  • RBI:
    • Governor - Sanjay Malhotra.
    • Headquarters - Mumbai.
    • Founded: 1 April 1935, Kolkata.
  • IRDAI:
    • Founded: 1999
    • Headquarters: Hyderabad   
  • NABARD:
    • Founded: 12 July 1982
    • Headquarters: Mumbai
    • Chairperson:Shaji K V

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