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What is the role of the Securities and Board Exchange of India?
4. What is the role of the Securities and Board Exchange of India?
- To promote individual businesses.
- Facilitating credit flow for promotion and development of agriculture, cottage, and village industries.
- The custodian of the foreign reserve, controller of credit, and managing printing and supply of currency notes in the country.
- Protect the interests of investors in securities.
Answer: D) Protect the interests of investors in securities
Explanation:
The Preamble of the Securities and Exchange Board of India depicts the essential elements of the Securities and Exchange Board of India as "...to ensure the interests of financial backers in protections and to advance the improvement of, and to manage the protections market and for issues associated therewith or coincidental there to".