Advertisements
Advertisements
Question
Which of the following is not a protective function of Securities and Exchange Board of India:
Options
Prohibition of fraudulent and unfair trade practices.
Controlling insider trading and imposing penalties for such practices.
Promotion of fair practices and code of conduct in securities market.
Undertaking measures to develop the capital markets by adapting a flexible approach.
MCQ
Advertisements
Solution
Undertaking measures to develop the capital markets by adapting a flexible approach.
Explanation:
SEBI’s main job is to keep the market fair and protect investors. Its main job is not to create markets directly. It has more to do with rules.
shaalaa.com
Is there an error in this question or solution?
