Question

Match the functions of Securities and Exchange Board of India given in Column-I with their headings given in Column-II: Column- II A. Training of intermediaries of securities markets B. Regulation of takeover bids by companies
(b) Regulatory function

(ii) Protective function C. Controlling insider trading and imposing penalties for such practices

(iii) Development function

• A. A(ii); B(iii); C(i)
• B. A(i); B(ii); C(iii)
• C. A(iii); B(i); C(ii)
• D. A(iii); B(ii); C(i)

Hint:

SEBI’s primary functions include regulation (to ensure market fairness), development (to enhance skills), and protection (to safeguard investors).

Answer 1

The Correct Option is C

A
(iii): Enhancing market participant efficiency through skill development is categorized under the Development function. B(i): Regulating takeover bids is a Regulatory function, as SEBI upholds equitable and transparent market operations for investor protection and stability. C
(ii): Managing insider trading and applying sanctions for such activities is a Protective function, designed to shield investors from deceptive and inequitable securities market practices.