The overall administrative control under which SEBI (Securities and Exchange Board of India) functions is:

• Ministry of Finance, GOI (Government of India)

Ministry of Corporate Affairs, GOI (Option 1):

• Deals with corporate governance and administration of the Companies Act. Not directly related to SEBI's functions.

Ministry of Home Affairs, GOI (Option 2):

• Focuses on internal security and law and order. Unrelated to SEBI's responsibilities.

Ministry of External Affairs, GOI (Option 4):

• Handles foreign relations and diplomacy. SEBI's functions are domestic and fall under the Ministry of Finance.

Ministry of Finance, GOI (Option 3):

• Manages economic policy, financial matters, and includes regulatory bodies like SEBI for overseeing the securities market in India.