Current Affairs · Financial Regulations
Which structural change has been proposed in legislative reviews under the Securities Markets Code framework to strengthen market regulation?
- 1Consolidating major overlapping securities laws and expanding the strength of SEBI's Board✓
- 2Authorising indefinite administrative audits without legal time limitations
- 3Removing institutional representation of the Reserve Bank of India from SEBI's structure
- 4Reducing the total number of independent directors on the SEBI Board
Correct answer
Consolidating major overlapping securities laws and expanding the strength of SEBI's Board
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