To protect the interest of investors in securities
To promote the development of securities market
To Regulate the securities market and all matters connected therewith or incidental thereto
All of the above
Answer is Wrong!
Answer is Right!
The correct answer is D. All of the above.
The Securities and Exchange Board of India (SEBI) is the regulator of the Indian securities market. It was established in 1992 by the Government of India to protect the interests of investors in securities and to promote the development of the securities market.
SEBI’s main functions are:
- To protect the interest of investors in securities.
- To promote the development of securities market.
- To regulate the securities market and all matters connected therewith or incidental thereto.
SEBI has the power to:
- Register and regulate stock exchanges and other intermediaries in the securities market.
- Issue regulations for the conduct of business in the securities market.
- Take disciplinary action against intermediaries and other persons for violation of its regulations.
- Investigate complaints of market manipulation and insider trading.
- Provide investor education and protection.
SEBI is a statutory body with a board of directors appointed by the Government of India. The board is headed by a chairman and includes representatives from the government, the Reserve Bank of India, and the stock exchanges.
SEBI has its
headquarters in Mumbai and regional offices in Delhi, Kolkata, Chennai, and Ahmedabad.SEBI’s website is www.sebi.gov.in.