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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


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

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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