Question:

Identify the function performed by SEBI: “It controls insider trading and imposes penalties for such practices.”

Updated On: Mar 27, 2025
  • Protective functions
  • Regulatory functions
  • Developmental functions
  • Preventive functions
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The Correct Option is B

Solution and Explanation

The function performed by SEBI as described in the statement is related to its regulatory functions. SEBI controls insider trading, takeover bids, and imposes penalties for such practices as part of its role in regulating the securities market to ensure fair practices and protect investor interests.

Correct Answer:

(2) Regulatory functions

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