Practicing Success
Practicing Success
CUET Preparation Today
Identify the objective of SEBI from the following: A. To protect the rights and interests of investors B. To regulate stock market and the securities industry to promote their orderly functions. C. Registration of brokers. D. To prevent trading malpractices and achieve a balance between self regulation by securities industry and its statutory regulation E. Calling for information by undertaking inspection Choose the correct answer from the options given below: |
A, B and C only B, C and D only D, E and A only A, B and D only |
A, B and D only |
| The overall objective of SEBI is to protect the interests of investors and to promote the development of, and regulate the securities market. This may be elaborated as follows: 1. To regulate stock exchanges and the securities industry to promote their orderly functioning. 2. To protect the rights and interests of investors, particularly individual investors and to guide and educate them. 3. To prevent trading malpractices and achieve a balance between self regulation by the securities industry and its statutory regulation. 4. To regulate and develop a code of conduct and fair practices by intermediaries like brokers, merchant bankers etc., with a view to making them competitive and professional. |
