Match List-I with List-II:List-IList-II(A)Need of the issuers(I)Prote…

Match List-I with List-II:

List-I		List-II
(A)	Need of the issuers	(I)	Protection of their rights and interests through adequate, accurate and authentic information
(B)	Need of the investors	(II)	A competitive, professionalised and expanding market with adequate and efficient infrastructure
(C)	Need of the intermediaries	(III)	A market place to raise the finances they need in an easy, fair and efficient manner
(D)	Basic purpose of SEBI	(IV)	An environment for efficient mobilisation and allocation of resources through the securities markets

Choose the correct answer from the options given below:

Answer & explanation

Correct answer: option 2

The correct answer is Option (2) → (A)-(III), (B)-(I), (C)-(II), (D)-(IV)

List-I	List-II	Reason
(A) Need of the issuers	(III) A market place to raise the finances they need in an easy, fair and efficient manner	Issuers are companies that need funds. SEBI wants them to raise funds with confidence.
(B) Need of the investors	(I) Protection of their rights and interests through adequate, accurate and authentic information	Investors risk their savings, so they need protection and true information.
(C) Need of the intermediaries	(II) A competitive, professionalised and expanding market with adequate and efficient infrastructure	Brokers and other intermediaries need a growing, professional market to serve investors and issuers better.
(D) Basic purpose of SEBI	(IV) An environment for efficient mobilisation and allocation of resources through the securities markets	This is SEBI’s main purpose, under which the needs of all three groups are met.

NCERT (Pre-rationalised Edition): “…Purpose and Role of SEBI The basic purpose of SEBI is to create an environment to facilitate efficient mobilisation and allocation of resources through the securities markets. It also aims to stimulate competition and encourage innovation. This environment includes rules and regulations, institutions and their interrelationships, instruments, practices, infrastructure and policy framework.
This environment aims at meeting the needs of the three groups which basically constitute the market, viz, the issuers of securities (Companies), the investors and the market intermediaries.
• To the issuers, it aims to provide a market place in which they can confidently look forward to raising finances they need in an easy, fair and efficient manner.
• To the investors, it should provide protection of their rights and interests through adequate, accurate and authentic information and disclosure of information on a continuous basis.
• To the intermediaries, it should offer a competitive, professionalised and expanding market with adequate and efficient infrastructure so that they are able to render better service to the investors and issuers. …”

Match List-I with List-II:

List-I		List-II
(A)	Need of the issuers	(I)	Protection of their rights and interests through adequate, accurate and authentic information
(B)	Need of the investors	(II)	A competitive, professionalised and expanding market with adequate and efficient infrastructure
(C)	Need of the intermediaries	(III)	A market place to raise the finances they need in an easy, fair and efficient manner
(D)	Basic purpose of SEBI	(IV)	An environment for efficient mobilisation and allocation of resources through the securities markets

Choose the correct answer from the options given below:

Answer & explanation

Correct answer: option 2

The correct answer is Option (2) → (A)-(III), (B)-(I), (C)-(II), (D)-(IV)

List-I	List-II	Reason
(A) Need of the issuers	(III) A market place to raise the finances they need in an easy, fair and efficient manner	Issuers are companies that need funds. SEBI wants them to raise funds with confidence.
(B) Need of the investors	(I) Protection of their rights and interests through adequate, accurate and authentic information	Investors risk their savings, so they need protection and true information.
(C) Need of the intermediaries	(II) A competitive, professionalised and expanding market with adequate and efficient infrastructure	Brokers and other intermediaries need a growing, professional market to serve investors and issuers better.
(D) Basic purpose of SEBI	(IV) An environment for efficient mobilisation and allocation of resources through the securities markets	This is SEBI’s main purpose, under which the needs of all three groups are met.