Question

One of the Functions of “Securities and Exchange Board of India (SEBI) is “Promotion of air Practices and Code of Conduct in Securities market”. State the category to which this Function belongs and State any TWO Other Functions of this category.

Answer 1

These Functions are categorized as “Protective Functions” . These functions are Performed by SEBI to Protect the Interest of the Investors and provide Safety of Investment . 

Following are the Protective Functions of SEBI:

• To check Unfair Trade Practices such as, Supply of Misleading Statements to Cheat the Investors in connection with the Securities Market.
• To Promote Code of Conduct relating to Securities Market.