What is the difference between the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI)?

Question

Accepted Answer

RBI is India's central bank responsible for monetary policy and SEBI is the regulatory body for securities market.

RBI is the central bank of India responsible for regulating the country's monetary policy, issuing currency, and managing foreign exchange reserves.
SEBI is the regulatory body for the securities market in India, overseeing the functioning of stock exchanges, protecting investor interests, and regulating capital markets.
RBI focuses on overall financial stability and economic growth, while SEBI focuses on ensuring fair and transparent securities market operations.
RBI has the authority to issue currency notes, while SEBI does not have the power to issue any currency.

Popular interview questions of Risk and Compliance Analyst