Financial Regulators in India Quiz

When was SEBI established as a statutory organization?

• 4 April, 1988

• 12 April, 1992

• 12 April, 1988

• 4 April, 1992

Where is the head office of SEBI located?

• Kolkata

• Mumbai

• Chennai

• Delhi

What is the overall objective of SEBI as per the SEBI Act, 1992?

• To promote insider trading

• To protect the interests of investors in securities

• To regulate only the primary market

• To conduct research for developing securities market

What is one of the functions of SEBI?

• To promote fraudulent trade practices

• To regulate only stock brokers

• To promote investor's education

• To prohibit substantial acquisition of shares

What powers does SEBI have according to the text?

• It can impound and retain proceeds of transactions under investigation

• It cannot file complaints in court without GoI approval

• It cannot demand explanations from market intermediaries

• It cannot suspend trading of any security

What action can SEBI take in the interests of investors or the securities market?

• Impound and retain the proceeds or securities in respect of any transaction

• Suspend any office-bearer of any stock exchange

• Prohibit any person associated with the securities market to buy, sell or deal in securities

• All of the above

What is the penalty for failing to produce documents or information to the investigating authority?

• Fine of Rs. one crore

• Fine of Rs. five lakh for every day of failure or refusal

• Fine of Rs. one lakh

• Imprisonment for a term which may extend to one month

What is the primary objective of SEBI?

• To promote fraudulent trade practices

• To regulate only the primary market

• To conduct research for developing securities market

• To protect the interests of investors in securities

What is one of the regulatory powers of SEBI?

• Regulatory powers over transportation companies

• Regulatory powers over healthcare organizations

• Regulatory powers over educational institutions

• Regulatory powers over corporates in the issuance of capital

What is the role of SEBI in promoting investor's education?

• To conduct research for developing securities market

• To discourage investor's education

• To prohibit insider trading

• To promote investor's education