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

  • Training of intermediaries of the securities market.
  • Conducting research and publishing information useful to all market participants.
  • Undertaking measures to develop the capital markets by adapting a flexible approach.

 

OTHER OPTIONS

  • Registration of Mutual Funds- Regulatory function
  • Regulation of takeover bids by companies- Regulatory function
  • Controlling insider trading-Protective function