ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -SEBI performs these functions for promoting and developing activities in the stock exchange. As a part of the developmental functions, SEBI does the following: Promoting the training of intermediaries of securities market.

Detailed explanation-2: -Regulates the working of stock brokers, merchant brokers. 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: -Under development function, training is imparted to the intermediaries.

Detailed explanation-4: -Intermediaries are third parties and fill a function that is needed by two other parties to make a deal or to execute a given task. The intermediary assists on a deal that otherwise would be too complex to close. The functions of SEBI are to regulate the business in stock exchanges and other securities market.

Detailed explanation-5: -4. What is SEBI and what is its role? The SEBI is the regulatory authority established under Section 3 of SEBI Act 1992 to protect the interests of the investors in securities and to promote the development of, and to regulate, the securities market and for matters connected therewith and incidental thereto.