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Question

SEBI was to function under the overall administrative control of the _______ of the Government of India.

A
Ministry of Finance
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B
Ministry of Commerce
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C
Ministry of Company Affairs
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D
Ministry of Economy
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Solution

The correct option is A Ministry of Finance
SEBI was to function under the overall administrative control of the Ministry of Finance of the Government of India. SEBI was established to regulate the activities of stock exchange and to protect the interest of investor and provide safety of investment. SEBI also helps to develop activities of stock exchange.

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