Which body regulates the working of the financial markets in India?

Correct option is A

The Securities and Exchange Board of India (SEBI) is the primary regulatory authority responsible for regulating the functioning of the financial markets in India, particularly the securities market.
SEBI oversees and regulates:
· Stock exchanges
· Brokers and market intermediaries
· Mutual funds
· Merchant bankers
· Credit rating agencies
· Corporate governance in listed companies
Its core purpose is to protect investors, ensure fair practices, and promote the orderly growth of the securities market.
Therefore, the correct answer is (a) Securities and Exchange Board of India.
Information Booster
1. SEBI was established in 1988 and given statutory status in 1992.
2. SEBI has quasi-legislative, quasi-judicial, and quasi-executive powers.
3. It issues guidelines for IPOs, mutual funds, and corporate governance.
4. Ensures transparency and prevents malpractices like insider trading.
5. Works to maintain investor confidence in the Indian financial markets.