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    Question

    According to current SEBI regulations, entities involved

    in insider trading can face a maximum monetary penalty of:
    A ₹10 crore or twice the profit earned, whichever is higher Correct Answer Incorrect Answer
    B ₹15 crore or five times the profit earned, whichever is lower Correct Answer Incorrect Answer
    C ₹20 crore or thrice the profit earned Correct Answer Incorrect Answer
    D ₹25 crore or thrice the profit earned, whichever is higher Correct Answer Incorrect Answer
    E ₹30 crore Correct Answer Incorrect Answer

    Solution

    As per Section 15G of the SEBI Act, penalties for insider trading can go up to ₹25 crore or three times the profit earned, whichever is higher. This ensures stringent deterrence for market manipulation.

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