Question:medium
Statement-I: Regulation of takeover bids by companies is one of the Regulatory functions of the Securities and Exchange Board of India. Statement-II: Training of intermediaries of the securities market is one of the Development functions of the Securities and Exchange Board of India. Choose the correct option from the following:
Statement-I: Regulation of takeover bids by companies is one of the Regulatory functions of the Securities and Exchange Board of India. Statement-II: Training of intermediaries of the securities market is one of the Development functions of the Securities and Exchange Board of India. Choose the correct option from the following:
Show Hint
SEBI performs Regulatory, Developmental, and Protective functions. Regulatory functions include overseeing stock exchanges, mutual funds, and takeovers. Developmental functions focus on training, education, and innovation in the securities market.
Updated On: Jan 13, 2026
- Statement I is correct and Statement II is incorrect.
- Statement II is correct and Statement I is incorrect.
- Both Statement I and Statement II are correct.
- Both Statement I and Statement II are incorrect.
Show Solution
The Correct Option is C
Solution and Explanation
The Securities and Exchange Board of India (SEBI) performs three main categories of functions: regulatory, developmental, and protective.
Statement-I: SEBI's regulatory functions include overseeing company takeover bids. SEBI has established regulations for takeovers to ensure fair practices and safeguard stakeholder interests. Consequently, Statement-I is accurate.
Statement-II: Training securities market intermediaries is a developmental function of SEBI. This aims to improve the securities market by enhancing the expertise of its participants. Therefore, Statement-II is also accurate.
Based on these explanations, it is concluded that both Statement I and Statement II are correct.
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