Which of the following is not a Protective Function performed by SEBI?
A. Prohibition of fraudulent and unfair trade practices.
B. Conducting research and publishing information useful to all market participants.
C. Undertaking steps for investor protection.
D. Promoting fair practices and code of conduct in securities market.
Answer:B
Which of the following is not a Protective Function performed by SEBI?
A. Prohibition of fraudulent and unfair trade practices. B. Conducting research and publishing information useful to all market participants. C. Undertaking steps for investor protection. D. Promoting fair practices and code of conduct in securities market.
Explanation: Conducting research and publishing information useful to all market participants is the development function of SEBI. Developmental function refers to the steps taken by SEBI in order to provide the investors with a knowledge of the trading and market function.