| 1. Oversee the working of stock exchanges |
| 2. Regulate merchant banks and mutual funds |
| 3. Register and regulate intermediaries such as stock brokers |
A) 1 only
B) 2 only
C) 3 only
D) None of the Above
Correct Answer: D
Solution :
| The SEBI is authorised to: |
| oversee the working of stock exchanges |
| regulate merchant banks and mutual funds; register and regulate intermediaries such as stock brokers; |
| curb fraudulent and unfair trade practices including insider trading; |
| promote the development of a healthy capital market. |
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