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Business Studies · 2022 · 2 marks
Financial MarketsSecurities and Exchange Board of India (SEBI) - Objectives and Functions2 marksvery short answer
CBSE 2022 · Region 5 · Set 1 · Q2
'Due to various malpractices and multiplied investors grievances the Govt. of India decided to set- up a separate regulatory body to protect the…
'Due to various malpractices and multiplied
investors grievances the Govt. of India decided to set-
up a separate regulatory body to protect the interest of
investors and to regulate the securities market.'
(a)
Identify the regulatory body set-up by Govt.
of India for the above stated purpose.
(b)
State any one objective of the regulatory body
identified in (a) above.
Marking-scheme solution
(a)
Securities and Exchange Board of India (SEBI)
(b)
Objectives of SEBI :
(i)
To regulate the stock exchanges and the securities
industry to promote their orderly functioning.
(ii)
To protect the rights and interest of investors,
particularly individual investors and to guide and
educate them.
(iii)
To prevent trading malpractices and achieve a
balance between self-regulation by the securities
industry and its statutory regulation.
(iv)
To regulate and develop a code of conduct and fair
practices by intermediaries like brokers, merchant
bankers, etc. with a view to making them competitive
and professional.
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CBSE Class 12 Business Studies past-paper question from the 2022 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.