The basic purpose of SEBI is to create an environment to facilitate efficient mobilisation and allocation of resources through the securities markets. Who are the constituents of this market for whom SEBI aims at creating a conducive environment?
A. Issuers of securities
B. Investors
C. Market intermediaries
D)All of the above
Answer:D
The basic purpose of SEBI is to create an environment to facilitate efficient mobilisation and allocation of resources through the securities markets. Who are the constituents of this market for whom SEBI aims at creating a conducive environment?
A. Issuers of securities B. Investors C. Market intermediaries D)All of the above
Explanation: The basic purpose of SEBI is to create an environment to facilitate efficient mobil is ationandal location of resources through the securities markets. This environment aims at meeting the needs of the three groups which basically constitute the market, viz, the issuers of securities (companies), the investors and the market intermediaries