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Which among the following is popularly known as Indian securities market watchdog?


1. RBI
2. NABARD
3. SBI
4. SEBI
5.

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Correct Answer - Option 4 : SEBI

The correct answer is SEBI.

  • SEBI is popularly known as the Indian securities market watchdog.

  • Securities and Exchange Board of India (SEBI):
    • It is the apex regulatory body for the securities and commodity market in India.
    • It acts as the market watchdog.
    • It was established in April 1988.
    • It comes under the aegis of the Ministry of Finance.
    • Its headquarters is in Mumbai.

  • Reserve Bank of India (RBI):
    • RBI was set up on the basis of the Hilton Young Commission recommendation in April 1935, with the enactment of the RBI Act, 1934.
    • Its first Indian Governor was C.D. Deshmukh.
    • The headquarters of RBI is in Mumbai.
    • Current Governor is Shaktikanta Das.
  • ​National Bank for Agriculture and Rural Development (NABARD):
    • It was founded in July 1982.
    • The headquarters is in Mumbai.
    • Harsh Kumar Bhanwala is the current chairman.
  • State Bank of India (SBI):
    • It was founded on 1 July 1955.
    • Its headquarters is in Mumbai.
    • Its Chairperson is Dinesh Kumar Khara.

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