Question
Which of the following functions or powers are not
performed by SEBI (Securities and Exchange Board of India), as mentioned in the statement?Solution
SEBI has the power to regulate and perform functions such as check the books of accounts of stock exchanges and call for periodical returns, approve by-laws of stock exchanges, inspect the books of financial intermediaries such as banks, compel certain companies to get listed on one or more stock exchanges, and handle the registration of brokers.
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