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Answer Each of These Questions in About Fifty Words: Explain Briefly the Three Functions of Sebi Rolled into One Body. - Entrepreneurship

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Short Note

Answer each of these questions in about fifty words:

Explain briefly the three functions of SEBI rolled into one body.

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Solution

 SEBI has quasi-legislative capacity as it makes rules and regulations. It has rule-making authority related to the matters of securities in India.
SEBI is a quasi-judicial body as it has an entity such as an arbitrator or tribunal board, and has powers and procedures resembling those of a court. SEBI is quasi-executive as it functions like an executive but that is not really an executive.

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APPEARS IN

CBSE Class 12 Entrepreneurship Textbook
Chapter 6 Resource Mobilization
Section D: SEBI & Others | Q 2.3 | Page 248
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