ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Protective
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Regulatory
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Both the above
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Developmental
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Detailed explanation-1: -Provides financial education to investors: SEBI educates investors by conducting online and offline seminars that help investors get insights on the financial market and money management.
Detailed explanation-2: -Developmental Function: Developmental function refers to the steps taken by SEBI in order to provide the investors with a knowledge of the trading and market function.
Detailed explanation-3: -The protective functions of SEBI work towards the protection of the investors against financial malpractices. Ans : SEBI works towards the development of the financial market by publishing various articles, spreading awareness, and conducting various research.
Detailed explanation-4: -The three Protective Functions of SEBI are: (i) Controlling insider trading and imposing penalties for such practices. (ii) Undertaking steps for investor protection. (iii) Promotion of fair practices and code of conduct in securities market.
Detailed explanation-5: -Investor Education and Protection Fund(IEPF) According to the act, the company which has completed seven years in the business should hand over all the unclaimed fund dividends, matured deposits, and Debentures, share application money etc. to the Government through IEPF.