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      Question

      Which of the following is not a function of

      SEBI?
      A Regulations of intermediaries such as merchant bankers, brokers, underwriters Correct Answer Incorrect Answer
      B Registrations and regulation of mutual funds Correct Answer Incorrect Answer
      C Prohibition of price rigging of stocks Correct Answer Incorrect Answer
      D Merchant banking function for the central and the state governments Correct Answer Incorrect Answer
      E Regulation of takeover of the companies Correct Answer Incorrect Answer

      Solution

      RBI as a banker to the Government, performs merchant banking function for the central and the state governments and also acts as their banker.

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