sebi full form

Sebi full form

What is the full form of SEBI?

Sebi full form: The full form of SEBI-Securities and Exchange Board of India)  was established on 12 April 1988 as a non-constitutional body.

After the establishment of SEBI, on 30 January 1992, the Government of India gave SEBI a constitutional status through an ordinance in the Parliament.

sebi full form
Sebi full form | objective | role

(The Sebi full form asked in the various exam do remember)

headquarters of SEBI

The headquarters of SEBI is located in Mumbai. SEBI also has some regional offices which are located in Delhi, Chennai, Kolkata, and Ahmedabad respectively.

So in this way, Sebi has its headquarters located in four metropolitan cities besides Mumbai.

SEBI Chairman presently, the Chairman of SEBI is Mr. Ajay Tyagi.

SEBI Sebi chairman Ajay Tyagi

Although his tenure was completed on 1 March 2020, the government has extended his tenure by 6 months.

The Chairman of SEBI is appointed by the Central Government.

Tenure of the Chairman of SEBI

The Chairman of SEBI can remain in office for 5 years or till the completion of 65 years. However, the government has decided to reduce their tenure by 2 years.

The tenure of the present Sebi chairman is only for 3 years.

the constitutional structure of SEBI and what are its members?

The entire management of SEBI consists of 6 members. Of this, one member is the chairman, and the other five members are of different functions.

As we said that SEBI consists of 6 members, so now we explain in detail who are the 6 members, and where do they come from?

guys as I told u earlier that  SEBI has a Chairman who is nominated by the Government of India. and his tenure is for 3 years or till the age of 65, the Government of India also sends the remaining four members. Of these, 2 members with knowledge of the Ministry of Finance and 2  having knowledge of the law. The remaining 1 members are from the RBI (RBI),  selected from among the RBI official.ls

When SEBI was established in 1988 AD, the initial capital of SEBI was 7.5 crores, meaning SEBI was established for 7.5 crores rupees. And this was the capital given by the three major companies. IDBI ICICI and IRCI had given an amount of 7.5 crore rupees by these three companies to start SEBI at that time.

Objective of SEBI

the objective of Sebi is listed below:

Protecting the interests of investors in the stock market:
Guyz do u know that many investors buy and sell shares of many companies in the stock market, if something goes wrong with such people, then investors can file a complaint with SEBI. Sebi’s first task is to protect the interests of investors.

Developing Capital Markets:Now you must be wondering what is the capital market?  the capital market is that which provides loans to companies for a short time or longer.

If companies or industrial houses are able to take loans through the capital market, then developing such a market is also a major task of SEBI.

There are many parts of the stock market. Such as companies, investors, brokers, investors of companies, bringing all of these under SEBI or (subject to SEBI regulations) is also one of the major functions of SEBI.

So that the entire stock market is complete, it can follow the rules made by SEBI and no investor should be cheated.

Prohibiting insider trading
Now you may be wondering what is insider trading? So guys insider trading means intimate trading, sometimes it happens that there are many companies that are issuing their shares, in such a way, who are the executives of the companies who know about the secret business of that company.

Or if some secret information is known, then those officers earn more profit through that share. Stopping the activities of such people or companies is also a major function of SEBI.

Prohibiting unethical trading in the stock market

SEBI’s actions prohibiting any trade in the stock market,

unethical, trading on any company which is doing wrong business and prohibiting the purchase or sale of shares of any company in the stock market in an unethical manner. Is out of

Power of Sebi 

The Securities and Exchange Board of India (SEBI) has  following three powers.

Quasi-Judicial:

If SEBI is involved in any fraudulent activity in the trade, it has the right to hear and pass judgment in the case of SEBI PACL.

It provides better transparency, fairness, accountability, and credibility for the capital market.

Quasi Legislative

It has the power to draft rules and regulations to protect the interests of investors as per the rule of SEBI LODR.

SEBI LODR focuses on strengthening and streamlining the provision of all listed agreements in various sectors of the financial market including the equity market.

This type of regulation is put in place to protect against fraud or malpractices of any kind.

Quasi-executive

Under this right, there is a full right to file a case against the person who violates the rules and regulations.

Conclusion: it is important to remember Sebi’s full form, role function for your exam point of view. often Sebi full form is asked in one-day exam, or sometimes in SSC exam too

 

officail site >> https://www.sebi.gov.in/about-sebi.html

want note of biology >> https://proreaders.in/biology-notes/

Leave a Comment

Your email address will not be published. Required fields are marked *