Question

Q.7 a) Nayar is working as a P.G.T Commerce in a CBSE affiliated school of Kerala.
One day he was teaching about capital market in the class. He informed the class that
during the 1980's the capital market in India witnessed a tremendous growth because of
increasing participation of the public. This ever increasing investor's population and
market capitalization led to a variety of malpractices on the part of the companies,
brokers, merchant bankers, investment consultants and others involved in the securities
market. These malpractices and unfair trading practices eroded investor's confidence
and multiplied investor's grievances. The Government of India and the stock exchanges
were helpless in redressing the investors problems because of lack of proper penalty
provisions in the existing legislation. In view of this the Government of India decided to
set up a regulatory body. Name the regulatory body which the Government of India
decided to set up and also state the three functions of the regulatory body identified.
? ​

Answer 1

The regularty body which the goverment of india decided to set up is : SEBI