UPSC Prelims 1995·GS1·economy·money and banking

To prevent recurrence of scams in Indian Capital Market, the Government of India has assigned regulatory powers to

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Last updated 23 May 2026, 3:31 pm IST
  1. ASEBICorrect
  2. BRBI
  3. CSBI
  4. DCBI

Explanation

The correct answer is A because SEBI, which stands for the Securities and Exchange Board of India, is the dedicated statutory body established to regulate the Indian capital market. Its primary objectives are to protect the interests of investors and to promote the orderly development of the securities market. By monitoring stock exchanges and intermediaries, SEBI works to prevent fraudulent activities and financial scams within the capital market. While the RBI regulates the banking sector and the CBI investigates crimes, only SEBI has the specific regulatory mandate for the capital markets.
economy: To prevent recurrence of scams in Indian Capital Market, the Government of India has assigned regulatory powers to

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