Which of the following is a regulatory function of SEBI?
A
Prohibition of fraudulent and unfair trading
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B
Regulation of takeover bids by companies
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C
Undertaking measures to develop capital market
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D
Conducting research
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Solution
The correct option is B Regulation of takeover bids by companies Regulation of takeover bids by companies is a regulatory function of SEBI. Regulatory functions are performed by SEBI in order to regulate the business in stock exchange. SEBI has framed rules and regulations and code of conduct to regulate the intermediaries. It also regulates the takeover of companies.