SEBI (Securities Exchange Board of India) Overview
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Questions and Answers

What is the main function of Securities Exchange Board of India (SEBI)?

  • Overseeing corporate sector code of conduct
  • Administering the Capital Issues (Control) Act, 1947
  • Regulating the pricing of securities
  • Controlling the issue of capital (correct)
  • Which act was repealed in May 1992, leading to the cessation of government's control over issue of capital?

  • The Companies Act
  • The Stock Exchanges Regulation Act
  • The Securities Contracts (Regulation) Act
  • The Capital Issues (Control) Act, 1947 (correct)
  • What did the Capital Issues (Control) Act, 1956 do?

  • Restricted issuer’s access to the securities market
  • Regulated transactions in securities through control over stock exchanges
  • Administered the Companies Act
  • Controlled the pricing of issues (correct)
  • Which law regulated transactions in securities through control over stock exchanges prior to liberalization?

    <p>The Securities Contracts (Regulation) Act</p> Signup and view all the answers

    What did the Companies Act regulate in relation to the corporate sector?

    <p>Code of conduct for issue, allotment and transfer of securities</p> Signup and view all the answers

    What was the effect of the repeal of the Capital Issues (Control) Act, 1947?

    <p>It ceased government's control over issue of capital</p> Signup and view all the answers

    What was the primary objective of SEBI?

    <p>To protect the interests of investors and secure investor protection</p> Signup and view all the answers

    When did the SEBI Act, 1992 come into force?

    <p>January 30, 1992</p> Signup and view all the answers

    Before SEBI, which regulatory authority derived authority from the Capital Issues (Control) Act, 1947?

    <p>Controller of Capital Issues</p> Signup and view all the answers

    What additional statutory powers were given to SEBI in the year 1995?

    <p>Power to develop and regulate the stock market in India</p> Signup and view all the answers

    What does the term 'Chairman' mean as per the definitions provided?

    <p>The head of the Board</p> Signup and view all the answers

    What is the meaning of 'securities' as per the definitions provided?

    <p>Securities as per the Securities Contracts Regulation Act</p> Signup and view all the answers

    Where is the head office of the Securities and Exchange Board of India located?

    <p>Bombay</p> Signup and view all the answers

    What does SEBI stand for?

    <p>Securities and Exchange Board of India</p> Signup and view all the answers

    What is one purpose of SEBI Act, 1992?

    <p>Protecting the interests of investors in securities</p> Signup and view all the answers

    What does 'Board' refer to as per the definitions provided?

    <p>The Securities and Exchange Board of India established under Section 2(b)</p> Signup and view all the answers

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