SEBI has not been vested with the following powers: | Faculties

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Priyanka Tomar

🎓 Tutor III ⭐ 35.28K Points

📊 Financial Markets and Institutions

Q. SEBI has not been vested with the following powers:

(A) to approve by−laws of stock exchanges.
(B) to require the stock exchange to amend their by−laws.
(C) inspect the books of accounts and call for periodical returns from recognized stock exchanges.
(D) inspect the books of accounts of financial intermediaries.

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✅ Correct Answer: (B) to require the stock exchange to amend their by−laws.

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