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INDIAN FINANCIAL SYSTEM - REGULATORS & THEIR ROLES
Which apex body regulates and supervises the commercial banking system in India?
The Reserve Bank of India (RBI) is the apex body that regulates and supervises the commercial banking system in India under the RBI Act, 1934 and the Banking Regulation Act, 1949.
Which Act established the Reserve Bank of India?
The Reserve Bank of India Act, 1934.
What is the primary objective of the Securities and Exchange Board of India (SEBI)?
The primary objective of SEBI is to protect the interests of investors in securities and to promote the development of, and to regulate, the securities market in India.
What is the primary function of SEBI in the capital market?
Protect investors and regulate securities market in India.
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