To regulate and supervise the securities market in India, this statuto

1.	To regulate and supervise the securities market in India, this statutory body was constituted in 1998. (a) Identify this body (b) Give any three powers of this body. (c) State any one value which the statutory body as identified in (a) above tires to inculcate among the members of the securities market.
Answer» a. Securities and Exchange Board of India b. For the discharge of its functions efficiently, SEBI has been vested with the following powers: To approve by-laws of stock exchanges, SEBI To enquire the stock exchange to amend their by-laws. Inspect the books of accounts and call for periodical returns from recognized stock exchanges. Inspect the books of accounts of financial intermediaries. Compel certain companies to list their shares in one or more stocks exchanges. Levy fees and other charges on the intermediaries for performing its functions. Grant license to any person for the purpose of dealing in certain areas. Delegate powers exercisable by it. Prosecute and judge directly the violation of certain provisions of the Companies Act. Power to impose monetary penalties. (c) Discipline; Honesty

To regulate and supervise the securities market in India, this statutory body was constituted in 1998. (a) Identify this body (b) Give any three powers of this body. (c) State any one value which the statutory body as identified in (a) above tires to inculcate among the members of the securities market.

Answer»

a. Securities and Exchange Board of India

b. For the discharge of its functions efficiently, SEBI has been vested with the following powers:

To approve by-laws of stock exchanges, SEBI
To enquire the stock exchange to amend their by-laws.
Inspect the books of accounts and call for periodical returns from recognized stock exchanges.
Inspect the books of accounts of financial intermediaries.
Compel certain companies to list their shares in one or more stocks exchanges.
Levy fees and other charges on the intermediaries for performing its functions.
Grant license to any person for the purpose of dealing in certain areas.
Delegate powers exercisable by it.
Prosecute and judge directly the violation of certain provisions of the Companies Act.
Power to impose monetary penalties.