Compare functions of rbi with that of sebi
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rbi is the head bank of india but what is sebi
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Major functions of the RBI are as follows
Issue of Bank Notes
Banker to Government
Custodian of Cash Reserves of Commercial Banks
Custodian of Country's Foreign Currency Reserves
Lender of Last Resort
Central Clearance and Accounts Settlement
Controller of Credit
Some of the Important Functions of Stock Exchange/Secondary Market are listed below
Economic Barometer
Pricing of Securities
Safety of Transactions
Contributes to Economic Growth
Spreading of Equity Cult
Providing Scope for Speculation
Liquidity
Better Allocation of Capital
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