📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    In India, the regulation of depositories and their

    operations falls under the purview of which regulatory authority?
    A Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    B Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer
    C Ministry of Corporate Affairs (MCA) Correct Answer Incorrect Answer
    D Insurance Regulatory and Development Authority (IRDAI) Correct Answer Incorrect Answer
    E Association of Mutual Funds in India (AMFI) Correct Answer Incorrect Answer

    Solution

    SEBI regulates depositories like NSDL and CDSL under the Depositories Act, 1996 to ensure investor protection and transparency in demat securities trading.

    Practice Next

    Relevant for Exams:

    ask-question