SSC CHSL 2023 PYQ — Question 44

SSC CHSL - 09 March 2023 - Shift 2 • General Awareness • Q44

Which Indian financial institution protects investors in a stock market?

Show answer & explanation

Correct answer: C

Explanation

The correct answer is Option 3 i.e. Securities and Exchange Board of India

  • SEBI is the regulatory authority that protects investors in the stock market.

  • It regulates and supervises the securities market to ensure fair practices and prevent fraud.

  • SEBI works to maintain transparency, investor confidence, and orderly functioning of the market.

  • It also frames rules and guidelines for market participants to safeguard investors’ interests.

Explanation of Other Options:

  • Bombay Stock Exchange (BSE) is a stock exchange but does not regulate or protect investors.

  • Reserve Bank of India (RBI) regulates banking and monetary policy, not stock markets.

  • National Stock Exchange (NSE) is another stock exchange, not a regulatory body.

  • Hence, SEBI is the institution protecting investors.