Question

Name of the body which regulates the stock Exchanges in India is

• A. CBI
• B. CID
• C. SHCIL
• D. SEBI

Hint:

This regulator's name is often abbreviated in financial news as a four letter term starting with S.

Answer 1

The Correct Option is D

This question checks knowledge of India's financial market regulator.

1. CBI: this is a criminal investigation agency, not a market regulator.
2. CID: this handles state level crime investigation, unrelated to stock markets.
3. SHCIL: this is a custodial and depository services provider, not a regulatory body.
4. SEBI: this is the Securities and Exchange Board of India, the statutory body that regulates stock exchanges and protects investors.

So SEBI is correct, since it holds direct legal authority over India's stock exchanges.

Let's summarize:

• SEBI was set up in 1992 to regulate securities markets and safeguard investor interests.

Recognizing regulator names like SEBI is a frequent general awareness requirement.