Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Resource Mobilisation

Question:
Activities of the stock exchange are controlled by the provisions of the _________and all this creates confidence in the minds of investors.
Options:
Securities Control (Regulation) Act
Industrial Development Act of India
  Reserve Bank of India Act
Stock exchange Act of India
Correct Answer:
Securities Control (Regulation) Act
Explanation:
Activities of the stock exchange are controlled by the provisions of the Securities Control (Regulation) Act and all this creates confidence in the minds of investors. As transactions are conducted as per well defined rules and regulations, fraudulent practices stands checked effectively ensuring safety, security and justice in dealings.