BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following committee is associated with the review of Insider Trading Regulations?
A
Sodhi Committee
B
Sinha Committee
C
Tarapore Committee
D
Chandrashekhar Committee
Explanation: 

Detailed explanation-1: -SEBI | SEBI Constitutes Committee to review Insider Trading Regulations.

Detailed explanation-2: -The Securities and Exchange Commission (SEC) prosecutes over 50 cases each year, with many being settled administratively out of court. The SEC and several stock exchanges actively monitor trading, looking for suspicious activity.

Detailed explanation-3: -Further in the year 1989 the report by Abdul Hussain Committee suggested that the offence of Insider Trading should be made liable under Civil and Criminal laws. It also suggested for the formation of a body known as SEBI to regulate and keep a check on the working of the markets.

Detailed explanation-4: -Justice Sodhi Committee Report 1.1 SEBI, in order to ensure that the regulatory framework dealing with insider trading in India is further strengthened, had constituted a committee under the Chairmanship of Justice N.K.

There is 1 question to complete.