Which is a Development function of SEBI?
Answer & explanation
Correct answer: option 2
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