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UPSC 1995: To prevent recurrence of scams in Indian Capital Market, the Government of India has assigned regulatory powers to
(a)SEBI
(b)RBI
(c)SBI
(d)IDBI
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Not attemptedCorrect Answer: (a) SEBI
Following the early-1990s securities scams, the Securities and Exchange Board of India (SEBI) was given statutory powers under the SEBI Act, 1992 to regulate India’s capital markets and protect investors—functions not performed by RBI, SBI or IDBI. ([licchavilyceum.com](https://licchavilyceum.com/upsc-civil-services-prelims-1995-solved-question-paper/))
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Frequently Asked Questions
What is the correct answer to this UPSC 1995 Indian Economy question?▼
The correct answer is option (a): SEBI. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Financial Markets & Capital Markets question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 1995, GS Paper 1, as Question 4. It falls under Indian Economy > Financial Markets & Capital Markets.
What is the difficulty level of this UPSC question?▼
This question is rated "easy". It tests basic recall and most well-prepared aspirants should answer it correctly.
How many UPSC Prelims questions have been asked from Financial Markets & Capital Markets?▼
UPSC has asked 39 questions from Financial Markets & Capital Markets (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.