New Free Workshop on RBI Grade B Descriptive Answer Writing - Join Us!
Register

Question

Which of the following are the part of Market Infrastructure Institutions?

A Stock Exchanges and Depositories Correct Answer Incorrect Answer
B Stock Exchange and Clearing houses Correct Answer Incorrect Answer
C Stock exchanges, Clearing house and Depositories Correct Answer Incorrect Answer
D Stock exchanges, Clearing house and Depositories and SEBI Correct Answer Incorrect Answer
E Stock exchanges, Clearing house and Depositories, SEBI and RBI Correct Answer Incorrect Answer

Solution

Stock exchanges, depositories and clearing houses are together called Market Infrastructure Institutions and play a key role in the country’s economic infrastructure. The Bimal Jalan Committee in its 2010 report said, The term “infrastructure” means the basic, underlying framework or features of a system. The term “market infrastructure” denotes such fundamental facilities and systems serving the market. The primary purpose of the securities /capital market is to enable allocation of capital/financial resources.

Practice Next

Relevant for Exams:

×
×