1.

Explain briefly the three functions of SEBI rolled into one body.

Answer»

SEBI has quasi-legislative capacity as it makes rules and regulations. It has rulemaking authority related to the matters of securities in India. SEBI is a quasi-judicial body as it has an entity such as an arbitrator or tribunal board, and has powers and procedures resembling those of a court. SEBI is quasi-executive as it functions like an executive but that is not really an executive.



Discussion

No Comment Found