Question :State any three Development functions of Securities and Exchange
Board of India.
The correct answer is -The Securities and Exchange Board of India (SEBI) is the regulatory body for the securities market in India. Some of its development functions are:
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Promoting fair practices: SEBI aims to promote fair practices in the securities market. It ensures that investors are not misled and that there is transparency in transactions.
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Investor education: SEBI promotes investor education by conducting seminars, workshops, and other educational programs. It also publishes information on its website and other media platforms to educate investors about the securities market.
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Developing regulations: SEBI develops regulations for the securities market to ensure that it operates smoothly and efficiently. It also updates these regulations from time to time to keep up with changes in the market and to address any new challenges that may arise.
