Which of the following is a function of the Securities and Exchange Board of India? MCQ with Answer and Explanation

Which of the following is a function of the Securities and Exchange Board of India?
A. Formulating monetary policy
B. Regulating the securities market and protecting investor interests
C. Collecting direct taxes
D. Issuing currency notes
Answer: Option B
Solution (By JKSSB Mock Tests)
SEBI is the regulator of the Indian securities market; its mandate includes protecting investors, promoting the development of the market and regulating market intermediaries.

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Practice More Economy Set 1 Questions

Question #1
The 'Goods and Services Tax' on coffee beans is:
A. 18%
B. 5%
C. 12%
D. 0%

Correct Answer: Option B


Explanation:
Coffee beans attract 5% GST.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Election Commission of India' is constituted under which article?
A. Article 324
B. Article 356
C. Article 280
D. Article 360

Correct Answer: Option A


Explanation:
The Election Commission is constituted under Article 324.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Net National Product at factor cost' is also known as:
A. Personal Income
B. Gross Domestic Product
C. Disposable Income
D. National Income

Correct Answer: Option D


Explanation:
National Income is NNP at factor cost.

This question belongs to: Economy GK Economy Set 1