BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SEBI was set up with the main purpose of keeping a check on malpractices and protect the interest of investors. What is the objectives of SEBI?
A
To regulate the activities of stock exchange.
B
To protect the rights of investors and ensuring safety to their investment.
C
To prevent fraudulent and malpractices by having balance between self regulation of business and its statutory regulations.
D
All of the above
Explanation: 

Detailed explanation-1: -Investor Protection: This is one of the most important objectives of setting up SEBI. It involves protecting the interests of investors by providing guidance and ensuring that the investment done is safe. 3. To develop a code of conduct for the financial intermediaries such as underwriters, brokers, etc.

Detailed explanation-2: -SEBI was established to keep a check on unfair and malpractices and protect the investors from such malpractices.

Detailed explanation-3: -SEBI regulates every player in Indian capital market to protect the interest of investors. It aims at developing the Indian capital markets by enforcing rules and regulations.

Detailed explanation-4: -SEBI has taken various measures such as screen based trading system, dematerialization of securities, T+2 rolling settlement, and framed various regulations to regulate intermediaries, issue and trading of securities, corporate restructuring, etc. to protect the interests of investors in securities.

There is 1 question to complete.