Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Financial Markets

Question:

Which is a Development function of SEBI ?

Options:

Registration of Mutual Funds

Training of intermediaries of the securities market

Regulation of takeover bids by companies

Controlling insider trading

Correct Answer:

Training of intermediaries of the securities market

Explanation:

The correct answer is option (2) : Training of intermediaries of the securities market

Development Functions

1. Training of intermediaries of the securities market.

2. Conducting research and publishing information useful to all market participants.

3. Undertaking measures to develop the capital markets by adapting a flexible approach.