Business Studies · Financial Markets
One of the common irregularities noted by the Securities and Exchange Board of India (SEBI) during the inspection of a stock exchange was that it was dealing with unregistered sub-brokers. Identify the related category of function performed by SEBI in this scenario.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1None of the above
- 2Developmental function
- 3Protective function
- 4Regulatory function✓
Correct answer
Regulatory function
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