What were the objectives of the Securiti

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Target Exam

CUET

Subject

Business Studies

Chapter

Financial Markets

Question:

What were the objectives of the Securities and Exchange Board of India?

Options:

To regulate the stock exchange and securities industry

To protect the rights and interests of investors

To prevent trading and malpractices

All of the above

Correct Answer:

All of the above

Explanation:

The following are the objectives of the Securities and Exchange Board of India:

To regulate stock exchanges and the securities industry to promote their orderly functioning.
To protect the rights and interests of investors, particularly individual investors and to guide and educate them.
To prevent trading malpractices and achieve a balance between self-regulation by the securities industry and its statutory regulation.
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.