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“Registration of collective investment schemes & mutual funds is the important function of SEBI. Identify the type of function given above.”
  • a)
    Development functions
  • b)
    Protective functions
  • c)
    Regulatory functions
  • d)
    Management functions
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
“Registration of collective investment schemes & mutual fund...
It regulates the operations of depositories, participants, custodians of securities, foreign portfolio investors, and credit rating agencies. It prohibits insider trading, i.e. fraudulent and unfair trade practices related to the securities market
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“Registration of collective investment schemes & mutual funds is the important function of SEBI. Identify the type of function given above.”a)Development functionsb)Protective functionsc)Regulatory functionsd)Management functionsCorrect answer is option 'C'. Can you explain this answer?
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