Q. One of the common irregularities noted by the Securities and Exchange Board of India during the inspection of a stock exchange was that it was dealing with unregistered sub-brokers. Identify the related function of Securities and Exchange Board of India
  • (A) Regulatory function
  • (B) Protective function
  • (C) Developmental function
  • (D) None of the above
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✅ Correct Answer: (A) Regulatory function

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