Question

Compare functions of rbi with that of sebi

Answer 1

rbi is the head bank of india but what is sebi

Answer 2

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