What is the primary function of the Securities and Exchange Board of India (SEBI)?
To promote transparency and safeguard investors in the Indian securities market
To manage the national debt and issue government bonds
To provide financial assistance to struggling businesses
To regulate the insurance industry and protect policyholders
Qn. 1 / 10
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When was SEBI established as the regulatory authority for the Indian securities market?
April 12, 1992
January 26, 1950
August 15, 1947
December 31, 1999
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Which of the following is NOT a key objective of SEBI?
To regulate the functioning of the Indian capital market
To safeguard investors' interests
To provide direct investment advice to individual investors
To prevent fraudulent and unfair trade practices
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What significant regulatory powers were granted to SEBI in 2014?
The ability to conduct search and seizure operations and impose stricter penalties for market manipulation
The authority to set interest rates for commercial banks
The power to control foreign exchange rates
The right to nationalize private companies in the securities market
Qn. 4 / 10
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Which of the following departments is NOT a part of SEBI's organizational structure?
Information Technology Department
Foreign Portfolio Investors and Custodians
Ministry of Corporate Affairs
National Institute of Securities Market
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What does SEBI's quasi-judicial power allow it to do?
Pass judgments in cases of fraud and unethical practices in the securities market
Issue arrest warrants for individuals suspected of financial crimes
Overturn decisions made by the Supreme Court of India
Confiscate personal property without a court order
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Which of the following is a key function of SEBI?
To educate investors about securities markets and their intermediaries
To provide loans to small businesses
To set import and export tariffs
To manage the country's foreign reserves
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What is the maximum percentage of total shareholding and voting rights that a mutual fund sponsor can hold in an Asset Management Company (AMC) according to SEBI guidelines?
10%
25%
50%
75%
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What is the maximum weight that a single stock can have in a sectoral or thematic index fund, as per SEBI regulations?
35%
25%
50%
10%
Qn. 9 / 10
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What is the minimum percentage of liquid assets that each liquid scheme must maintain, according to SEBI guidelines?
20%
10%
50%
75%
Qn. 10 / 10
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