With reference to Securities and Exchange Board of India SEBI consider following statements The...........

Economic Affairs Financial Institutions

With reference to Securities and Exchange Board of India (SEBI), consider following statements

The basic fuctions of SEBI is to protect the interests of investors in securities and to promote and regulate the securities market.
It also appoints various committees, whenever required to look into the pressing issues of that time.
It is a quasi-legislative and quasi-judicial body which can draft regulations, conduct inquiries, pass rulings and impose penalties.

Select the correct statement.

1&2 only

2&3 only

1&3 only

All of the above

SEBI is a statutory body established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992.
The basic functions of the Securities and Exchange Board of India is to protect the interests of investors in securities and to promote and regulate the securities market.
SEBI Board consists of a Chairman and several other whole time and part time members.
SEBI also appoints various committees, whenever required to look into the pressing issues of that time.
SEBI is a quasi-legislative and quasi-judicial body which can draft regulations, conduct inquiries, pass rulings and impose penalties.

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