Raghav’s friend Raman works as a Chartered Accountant in Solutions Ltd. Raman in a meeting with the Board of Directors of the Company came to know that the firm would soon be declaring a Bonus issue which would result in increase in the price of shares. Considering this, Raman advised Raghav to purchase the shares of Solutions Ltd., who acted on his advice and bought the shares before time. Which function of SEBI can control such malpractices?
(a) Protective functions
(b) Regulatory functions
(c) Development functions
(d) All the above.
Answers
Answered by
2
Answer:
C,
Explanation:
May be or may not cause anything Can happen
Answered by
1
Protective functions of SEBI can control such ‘malpractices’.
Option: (a)
Explanation:
- SEBI is the most important regulatory authorities that regulate the working of the stock exchange.
- The SEBI has the main objective of monitoring, controlling and regulating the functions of the ‘securities market’.
- Their responsibility is to keep a check on the malpractices and to protect their investors.
- They are involved with various activities in the ‘stock exchange’ to increase the business of the stock exchanges.
- SEBI has the authority to conduct audits and inquiries of the ‘stock exchanges’.
Learn more about SEBI
Explain the Objectives and Functions of SEBI
https://brainly.in/question/9299118
Conclusion of functional report of sebi
https://brainly.in/question/2159831
Similar questions