CUET Preparation Today
| When SEBI inspects a stock exchange, one of the most prevalent irregularities found is that the exchange is dealing with unregistered sub-brokers. Determine the SEBI’s associated function. |
Regulatory function
Protective function
Developmental function
None of these |
| Regulatory function |
| The three Protective Functions of SEBI are: (i) Controlling insider trading and imposing penalties for such practices. (ii) Undertaking steps for investor protection. (iii) Promotion of fair practices and code of conduct in securities market. |
