Question : The abbreviation 'SEBI' stands for:
Option 1: Savings and Exchange Bank of India
Option 2: Securities and exchange Bank of India
Option 3: Survey of essential business in Indai
Option 4: Securities and Exchange Board of India
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Correct Answer: Securities and Exchange Board of India
Solution : The correct option is Securities and Exchange Board of India.
SEBI stands for the Securities and Exchange Board of India. It serves as India's securities market's regulatory authority. The main goals of SEBI are to safeguard the interests of stockholders and to develop and oversee the securities industry. It keeps an eye on a variety of market participants, including stock exchanges, brokers, and listed firms, and makes sure they run openly and fairly. Additionally, SEBI develops rules and guidelines to control the securities market and has the power to carry out audits and investigations to ensure compliance.
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