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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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