Which of the following is NOT a function of SEBI? MCQ with Answer and Explanation

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Which of the following is NOT a function of SEBI?

A. Promoting the development of the securities market

B. Issuing currency notes

C. Protecting the interests of investors

D. Regulating the securities market

Answer: Option B

Solution (By JKSSB Mock Tests)

Issuing currency notes is the function of RBI. SEBI regulates the securities market, protects investors and promotes the orderly development of the capital market.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'e-way bill' validity is based on:

A. distance to be travelled

B. number of goods

C. value of goods

D. type of vehicle

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Correct Answer: Option A

Explanation:
E-way bill validity depends on the distance of movement.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'currency note' in India bears the signature of:

A. Prime Minister

B. RBI Governor

C. President

D. Finance Minister

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Correct Answer: Option B

Explanation:
Currency notes except one rupee bear the signature of the RBI Governor.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'National Single Window System' in India is intended to:

A. regulate banks

B. collect taxes

C. facilitate imports only

D. provide a single digital portal for business approvals

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Correct Answer: Option D

Explanation:
The National Single Window System provides a single portal for business approvals and clearances.

This question belongs to: Economy GK Economy Set 1

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