Which of the following financial institutions of India protects the interests of the investors and facilitates the functioning of the stock market intermediaries?

Securities and Exchange Board of India (SEBI)

The correct answer is Option (4) → Securities and Exchange Board of India (SEBI)

The financial institution that protects the interests of investors and facilitates the functioning of stock market intermediaries in India is the Securities and Exchange Board of India (SEBI).

• SEBI is a statutory regulatory body established by the Government of India in 1992.
• Its primary functions involve protecting investors, promoting the development of the securities market, and regulating its activities.
• SEBI regulates various market participants, including stock exchanges, stockbrokers, depositories, and mutual funds. It ensures fair practices and transparency in the stock market.