Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Financial Markets

Question:

Which of the following is NOT a function of SEBI ?

Options:

Registration of Brokers and Sub Brokers

Encouraging Insider Trading

Undertaking Steps for Investor Protection

Undertaking measures to develop the Capital Markets by adapting a flexible approach

Correct Answer:

Encouraging Insider Trading

Explanation:

The correct answer is option (2) : Encouraging Insider Trading

Regulatory Functions

• Registration of brokers and sub brokers and other players in the market

Development Function

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

Protective Functions

• Undertaking steps for investor protection