SSC Economics Sample Paper NCERT Sample Paper-1

  • question_answer
    Consider the following statements
    1. Regulation of the insider trading in the Indian Secondary capital market is under the provision of SEBI.
    2. SEBI has been empower to file complaints in the court and to notify is regulation without prior approval of the government
    Which of the statements given above are correct?

    A)  Only 1 

    B)  Only 2

    C)  Both 1 and 2    

    D)  neither 1 nor 2

    Correct Answer: C

    Solution :

    [c] For the discharge of its functions efficiently, SEBI has been vested with the following powers:
    1. To approve by laws of stock exchanges.
    2. To require the stock exchange to amend the bylaws.
    3. Inspect the books of accounts and call for periodical returns from recognized stock exchanges.
    4. Inspect the books of accounts of a financial intermediaries.
    5. Compel certain companies to list their shares in one or more stock exchanges.
    6. Registration brokers.

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