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________ has set up a high-level panel to suggest possible structures and regulations for creating 'social stock exchanges' to facilitate listing and fund-raising by social enterprises as well as voluntary organisations.
RBI
NITI Aayog
Finance Ministry
SEBI
None of these
- Option 1: RBI - The Reserve Bank of India primarily regulates monetary policy, banking operations, and currency management, not social stock exchanges.
- Option 2: NITI Aayog - This government think tank focuses on policy-making and economic agenda development, but not the regulation of stock exchanges.
- Option 3: Finance Ministry - Responsible for the fiscal policy, taxes, and expenditure but not directly involved in creating stock exchanges for social enterprises.
- Option 4: SEBI - The Securities and Exchange Board of India is the regulator for securities markets and likely involved in establishing social stock exchanges.
- Option 5: None of these - Incorrect as SEBI is indeed relevant here.
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