Target Exam

CUET

Subject

Business Studies

Chapter

Financial Markets

Question:

Which of the following is NOT a regulatory function of SEBI?

Options:

Registration of Brokers and sub-brokers

Registration of collective investment scheme of mutual funds

Levying fee or other charges for carrying out the purpose of the Act

Training of intermediaries of securities market

Correct Answer:

Training of intermediaries of securities market

Explanation:

The correct answer is option (4)- Training of intermediaries of securities market.

Training of intermediaries of securities market is a development of SEBI.

 

Regulatory Functions of SEBI are as follows-

1. Registration of brokers and subbrokers and other players in the market.
2. Registration of collective investment schemes and Mutual Funds.
3. Regulation of stock brokers, portfolio exchanges, underwriters and merchant bankers and the business in stock exchanges and any other securities market.
4. Regulation of takeover bids by companies.
5. Calling for information by undertaking inspection, conducting enquiries and audits of stock exchanges and intermediaries.
6. Levying fee or other charges for carrying out the purposes of the Act.
7. Performing and exercising such power under Securities Contracts (Regulation) Act 1956, as may be delegated by the Government of India.