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Question : 2
Total: 19
'Due to various malpractices and multiplied investors grievances the Government of India decided to set-up a separate regulatory body to protect the interest of investors and to regulate the securities market.'
(a) Identify the regulatory body set-up by Government of India for the above stated purpose.
(b) State any one objective of the regulatory body identified in (a) above.
(a) Identify the regulatory body set-up by Government of India for the above stated purpose.
(b) State any one objective of the regulatory body identified in (a) above.
Solution:
(a) Security Exchange Board of India (SEBI) was set up by the Government of India to minimise malpractices in the capital market and protect the interest of investors.
(b) The primary aim of SEBI is to regulate the functioning of the stock exchange. It aims to provide a place where the issuers can easily and confidently raise funds.
(b) The primary aim of SEBI is to regulate the functioning of the stock exchange. It aims to provide a place where the issuers can easily and confidently raise funds.
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