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Ch.4 · AMFI Code of Conduct · easy

Which of the following is NOT a power of SEBI under the SEBI Act, 1992?

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EXPLANATION

SEBI does not set interest rates — that is the domain of RBI. SEBI's powers under the SEBI Act, 1992 include registration and regulation of intermediaries, conducting enquiries, and issuing directions to market participants.

A.Registering and regulating mutual funds

B.Setting interest rates for debt mutual funds [✓ Correct]

C.Conducting investigations and enquiries

D.Issuing directions to intermediaries

EXPLANATION

SEBI does not set interest rates — that is the domain of RBI. SEBI's powers under the SEBI Act, 1992 include registration and regulation of intermediaries, conducting enquiries, and issuing directions to market participants.

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