Which of the following is not the objective of SEBI ?

To spread mechanism for Pricing of Securities

The correct answer is option (4) : To spread mechanism for Pricing of Securities

SEBI (Securities and Exchange Board of India) is the regulatory body responsible for overseeing the securities and financial markets in India. Its core objectives are as follows:

1. To Regulate Stock Exchange and Securities Industry: SEBI's primary role is to regulate and supervise the functioning of stock exchanges and the securities industry in India. It ensures that the markets operate efficiently and fairly.

2. To Protect the Rights and Interests of Investors: One of the central objectives of SEBI is to safeguard the rights and interests of investors. This includes ensuring that investors are provided with accurate and transparent information, protecting them from fraudulent activities, and creating a fair and equitable investment environment.

3. To Prevent Trade Malpractices: SEBI works to prevent and curb trade malpractices in the securities market. It sets rules and regulations to prevent insider trading, market manipulation, and other fraudulent activities that could harm investors and the integrity of the market.

However, the objective to "spread a mechanism for pricing of securities" is not typically listed as a primary objective of SEBI. Pricing of securities is more related to market dynamics and mechanisms, and while SEBI may indirectly influence pricing through regulations and guidelines, it is not a primary goal. The primary focus is on regulating, protecting investors, and maintaining the integrity of the securities market.