2]Which institution is to set up the ‘Corporate Debt Market Development Fund’? [A] RBI [B] SEBI [C] NSE [D] BSE. Show Answer Correct Answer: B [SEBI]. Notes: SEBI decided to set up a corporate debt market development fund in the form of an Alternative Investment Fund. Corporate Debt Market Development Fund will be set up with an initial corpus of Rs 3,000 crore. It will function as a backstop facility for buying investment grade corporate debt securities during stressful times.