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Question
Which of the following paved way to the establishment of SEBI?
Which of the following paved way to the establishment of SEBI?
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Solution
The correct option is D All of the above
Following paved way to the establishment of SEBI:a) Unofficial private placementsb)Rigging of pricesc) Unofficial premium on new issuesThe Securities and Exchange Board of
India was established by the Government of India as an interim
administrative body. SEBI is established in order to protect the
interests of the investors and provide safety for investment. SEBI
performs certain functions in order to promote and develop activities of
stock exchange and increase the business in stock exchange. It also
helps to regulate the business in stock exchange. It has framed certain
rules and regulations to regulate the intermediaries.
Following paved way to the establishment of SEBI:
a) Unofficial private placements
b)Rigging of prices
c) Unofficial premium on new issues
The Securities and Exchange Board of
India was established by the Government of India as an interim
administrative body. SEBI is established in order to protect the
interests of the investors and provide safety for investment. SEBI
performs certain functions in order to promote and develop activities of
stock exchange and increase the business in stock exchange. It also
helps to regulate the business in stock exchange. It has framed certain
rules and regulations to regulate the intermediaries.
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