GK Quiz on SEBI 

The development and prosperity of a country largely depend on a strong economic system. In India, several institutions regulate different sectors of the economy, and the securities market is one of the most important among them.

To ensure fairness, transparency, and smooth functioning of the market, a regulatory authority is required. As investments increased in India, the need for stronger regulation also grew. This led to the establishment of SEBI, which protects investors and regulates the securities market.

1. What does SEBI stand for?
A. Securities and Exchange Board of India
B. Securities and Economic Board of India
C. Stock Exchange Board of India
D. Securities and Equity Board of India
Answer: A

2. SEBI was established in which year?
A. 1985
B. 1988
C. 1992
D. 1995
Answer: B

3. SEBI became a statutory body in which year?
A. 1990
B. 1992
C. 1995
D. 2000
Answer: B

4. The headquarters of SEBI is located in:
A. Delhi
B. Mumbai
C. Kolkata
D. Chennai
Answer: B

5. SEBI operates under which ministry of the Government of India?
A. Ministry of Corporate Affairs
B. Ministry of Finance
C. Ministry of Commerce
D. Ministry of Law
Answer: B

6. Who appoints the Chairman of SEBI?
A. President of India
B. Prime Minister
C. Government of India
D. RBI Governor
Answer: C

7. Which act governs SEBI?
A. Companies Act 1956
B. SEBI Act 1992
C. Banking Regulation Act
D. RBI Act 1934
Answer: B

8. SEBI mainly regulates which market?
A. Commodity Market
B. Securities Market
C. Foreign Exchange Market
D. Banking Market
Answer: B

9. The main objective of SEBI is:
A. Promote banking services
B. Protect investors’ interests
C. Provide loans to companies
D. Control inflation
Answer: B

10. Which of the following is regulated by SEBI?
A. Mutual Funds
B. Commercial Banks
C. Insurance Companies
D. Post Offices
Answer: A

11. Which organization was replaced by SEBI for regulating the securities market?
A. Capital Issues Control
B. RBI
C. NABARD
D. IRDA
Answer: A

12. Which of the following is a function of SEBI?
A. Regulating stock exchanges
B. Issuing currency
C. Managing government budget
D. Providing loans
Answer: A

13. SEBI protects investors from:
A. Market fraud
B. Taxation
C. Inflation
D. Banking services
Answer: A

14. Which of the following markets does SEBI regulate?
A. Primary Market
B. Secondary Market
C. Both A and B
D. None of these
Answer: C

15. Which of the following is a SEBI power?
A. Inspect stock exchanges
B. Issue currency
C. Control banks
D. Fix interest rates
Answer: A

16. Which of the following exchanges is regulated by SEBI?
A. NSE
B. BSE
C. Both A and B
D. RBI
Answer: C

17. SEBI promotes:
A. Investor education
B. Bank loans
C. Government schemes
D. Export policies
Answer: A

18. Insider trading is controlled by:
A. RBI
B. SEBI
C. NABARD
D. IRDAI
Answer: B

19. Which of the following intermediaries is regulated by SEBI?
A. Stock Brokers
B. Insurance Agents
C. Bank Managers
D. Tax Officers
Answer: A

20. SEBI can impose:
A. Penalties
B. Taxes
C. Currency rules
D. Bank loans
Answer: A

21. SEBI regulates:
A. Merchant Bankers
B. Mutual Funds
C. Stock Brokers
D. All of the above
Answer: D

22. The primary market deals with:
A. New securities
B. Old securities
C. Bank loans
D. Currency exchange
Answer: A

23. Secondary market deals with:
A. Trading of existing securities
B. New share issues
C. Bank deposits
D. Insurance policies
Answer: A

24. Which of the following is a major role of SEBI?
A. Maintain fair trading practices
B. Print currency
C. Control banks
D. Provide subsidies
Answer: A

25. SEBI helps in:
A. Developing the securities market
B. Controlling agriculture
C. Managing education
D. Regulating hospitals
Answer: A