SEBI is a/an ________ A. Constitutional body B. Advisory body C. non-statutory body D. Statutory body E. None of the Above

SEBI is a/an ________ A. Constitutional body B. Advisory body C. non-statutory body D. Statutory body E. None of the Above
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D. Statutory body Explanation: Initially SEBI was a non statutory body without any statutory power. However, in 1995, the SEBI was given additional statutory power by the Government of India through an amendment to the Securities and Exchange Board of India Act, 1992.
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Last Answer : Answer: D 

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Description : Which is an extra Constitutional and non-statutory body?

Last Answer : Planning Commission

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Description : Which of the following contributed the entire paid-up capital in National Housing Bank(NHB)? A. GOI B. RBI C. SEBI D. NABARD E. None of the Above

Last Answer : B. RBI Explanation: RBI contributed the entire paid-up capital in National Housing Bank(NHB).

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Description : NHB is wholly owned by ______ A. GOI B. RBI C. SEBI D. NABARD E. None of the Above

Last Answer : B. RBI Explanation: NHB is wholly owned by Reserve Bank of India.

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Description : Which of the following is the clearing agency for Government securities? A. RBI B. GOI C. CCIL D. SEBI E. None of the Above

Last Answer : C. CCIL Explanation: The CCIL is the clearing agency for Government securities. It acts as a Central Counter Party (CCP) for all transactions in Government securities by interposing itself between two counter parties.

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Description : Which of the following is a function of SEBI? A. to approve by−laws of stock exchanges. B. inspect the books of accounts of financial intermediaries. C. to require the stock exchange to amend their ... compel certain companies to list their shares in one or more stock exchanges. E. All of the Above

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Which of the following is the Regulator of the credit rating agencies in India ? A. RBI B. SEBI C. SIDBI D. GOI E. None of the Above

Description : Which of the following is the Regulator of the credit rating agencies in India ? A. RBI B. SEBI C. SIDBI D. GOI E. None of the Above

Last Answer : B. SEBI Explanation: The capital market regulator regulates rating agencies in most regions. In India, the capital markets regulator, the Securities and Exchange Board of India (SEBI), regulates the rating agencies in the country.

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Last Answer : B. Credit and Monetary Policy of RBI Explanation: Credit and Monetary Policy of RBI is known as Annual Policy Statement.

Which of the following does not guarantee the repayment of deposits accepted by NBFCs? A. RBI B. GOI C. SEBI D. NABARD E. None of the Above

Description : Which of the following does not guarantee the repayment of deposits accepted by NBFCs? A. RBI B. GOI C. SEBI D. NABARD E. None of the Above

Last Answer : A. RBI Explanation: RBI does not guarantee the repayment of deposits accepted by NBFCs.

Which of the following is the only Central Record Keeping Agency (CRA) appointed by the Government of India? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above

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Last Answer : D. SHCIL Explanation: SHCIL is appointed as Central Record-keeping Agency (CRA) and associated with stamp duty collection and not valuation.

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Description : Which of the following is the country‟s largest custodian and depository participant? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above

Last Answer : D. SHCIL Explanation: Stock Holding Corporation of India Ltd (SHCIL), India‘s largest custodian and depository participant.

Which of the following is an investment advisory discipline? A. Corporate Industrial Finance B. Offshare Banking C. Wholesale Banking D. Wealth Management E. Trade Finance

Description : Which of the following is an investment advisory discipline? A. Corporate Industrial Finance B. Offshare Banking C. Wholesale Banking D. Wealth Management E. Trade Finance

Last Answer : D. Wealth Management Explanation: Wealth management as an investment-advisory discipline incorporates financial planning, investment portfolio management and a number of aggregated financial services ... retail banking, estate planning, legal resources, tax professionals and investment management.

An external advisory committee headed by _______ evaluated the license applications for small finance banks. A. NR Madhawan Menon B. Usha Thorat C. Nachiket Mor D. Y.H. Melagam E. None of the Above

Description : An external advisory committee headed by _______ evaluated the license applications for small finance banks. A. NR Madhawan Menon B. Usha Thorat C. Nachiket Mor D. Y.H. Melagam E. None of the Above

Last Answer : B. Usha Thorat Explanation: An external advisory committee headed by Usha Thorat evaluated the license applications for small finance banks.

Dalal Street in Mumbai is famous for which of the following? A. NABARD B. Stock Exchange C. RBI D. SEBI

Description : Dalal Street in Mumbai is famous for which of the following? A. NABARD B. Stock Exchange C. RBI D. SEBI

Last Answer : B. Stock Exchange Explanation: The Bombay Stock Exchange (BSE) is located at Dalal Street.

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Description : Treasury bills are issued in India by ______ A. RBI B. State Government C. Government of India D. SEBI

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Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (A) Bombay Stock Exchange (BSE) (B) Indian Banks Association (IBA) (C) Securities Exchange Board of India (SEBI) (D) Reserve Bank of India (RBI)

Description : Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (A) Bombay Stock Exchange (BSE) (B) Indian Banks ... (IBA) (C) Securities Exchange Board of India (SEBI) (D) Reserve Bank of India (RBI)

Last Answer : Answer: Reserve Bank of India (RBI)

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Description : Amalgamate adjustment account is opened in the books of transferee company to incorporate: A. The assets of the transferor company B. The liabilities of the transferor company C. The statutory reserves of the transferor company D. The non – statutory reserves of the transferor company

Last Answer : C. The statutory reserves of the transferor company

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Last Answer : (3) Coordinating and Supervisory Authority Explanation: A Panchayat Samiti at, the block level in India is only a Coordinating and Supervisory Authority.

A Panchayat Samiti at the block level is (1) An advisory body (2) An administrative authority (3) A consultant committee (4) A supervisory authority

Description : A Panchayat Samiti at the block level is (1) An advisory body (2) An administrative authority (3) A consultant committee (4) A supervisory authority

Last Answer : (4) A supervisory authority Explanation: The principal function of the Panchayat Samiti is to co-ordinate the activities of the various Panchayats within its jurisdiction. The Panchayat Samiti supervises the work of the Panchayats and scrutinises their budgets.