What is the work of SEBI?

What is the work of SEBI?

SEBI is a statutory body and a market regulator, which controls the securities market in India. The basic functions of Sebi is to protect the interests of investors in securities and to promote and regulate the securities market.

Why Sebi is formed?

The primary objective of SEBI is to protect the interest of people in the stock market and provide a healthy environment for them. This was the reason why SEBI was formed. Among the main objectives, preventing malpractices is one of them.

What are the 5 major functions of Sebi?

Functions of SEBI SEBI provides a platform for stockbrokers, sub-brokers, portfolio managers, investment advisers, share transfer agents, bankers, merchant bankers, trustees of trust deeds, registrars, underwriters, and other associated people to register and regulate work.

Is Sebi a government job?

The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the jurisdiction of Ministry of Finance , Government of India. It was established on 12 April 1988 and given Statutory Powers on 30 January 1992 through the SEBI Act, 1992.

What is main objective of Sebi?

The objective of SEBI is to ensure that the Indian capital market works in a systematic manner and provide investors with a transparent environment for their investment.

Who controls SEBI India?

SEBI is run by a board of directors, including a chair who is elected by the parliament, two officers from the Ministry of Finance, one member from the Reserve Bank of India, and five members who are also elected by the parliament.

Who is the CEO of Sebi?

Shri AJAY TYAGI

What are the features of Sebi?

SEBI controls:

• The regulations of the stock exchange and capital market.
• Prohibition of fraudulent and unfair trade.
• Improving education and training of intermediaries of the securities market.
• Promoting investors and registering intermediaries.
• Regulating substantial acquisition of shares and takeovers of companies.

Who regulates Sebi?

The Securities and Exchange Board of India (SEBI) is the regulatory authority established under the SEBI Act 1992 and is the principal regulator for Stock Exchanges in India. SEBI’s primary functions include protecting investor interests, promoting and regulating the Indian securities markets.

Which is not function of Sebi?

Establishing a nationwide trading facility for all types of securities- it is not an objective of SEBI. The overall objectives of SEBI are to protect the interest of investors and to promote the development of stock exchange and to regulate the activities of stock market.

How can I join Sebi?

Opportunities At SEBI

1. i. General Stream: Master’s Degree in in any discipline, Bachelor’s Degree in Law, Bachelor’s Degree in Engineering from a recognized university, CA / CFA / CS / ICWA.
2. ii. Legal Stream: Bachelor’s Degree in Law from a recognized University / Institute.
3. iii.
4. iv.
5. v.
6. vi.
7. vii.

What is structure of SEBI?

SEBI comprises of five departments, each department headed by an executive director. It also has two advisory committees to deal with primary and secondary markets, which consists of market players, investors associations and eminent persons.

What are the functions and powers of SEBI?

To regulate the tasks entrusted on depositors, credit rating agencies, custodians of securities, foreign portfolio investors and other participants. To educate investors about securities markets and their intermediaries. To prohibit fraudulent and unfair trade practices within the securities market and related to it.

Who appoints chairman of Sebi?

Ajay Tyagi’s

Who is Ajay Tyagi in India?

The EAG Chairman is Mr Ajay Tyagi (India). Mr. Ajay Tyagi is a career Civil Servant with thirty years of experience. He has done Electronic Engineering and Post-graduation in Computer Science from the Indian Institute of Technology, Kanpur which is a world class institute for imparting education in engineering.

What is the salary of SEBI chairman?

The government has proposed a consolidated monthly salary of Rs 3 lakh for the market regulator SEBI’s new Chairman. This translates into an annual package of Rs 36 lakh for the Securities and Exchange Board of India (SEBI) chief.

What is the salary of SEBI assistant manager?

Gross monthly salary is INR 1,07,000 per month without accommodation of a SEBI Grade A officer. An Assistant Manager gets INR 73,000 per month with accommodation. The ultimate career growth of an Assistant Manager (Grade A) is to become the Chairman.

Who pays more SEBI or RBI?

The pay policy is better for the RBI officer, but the gross emoluments favor the SEBI officer, which he/ she can choose with or without accommodation. The SEBI officer gets more number of additional benefits in the form of allowances as compared to the RBI officer who gets to take home 5 or 6 allowances only.

What is Sebi salary?

Pay Scales in SEBI

Sl No.	Grade	Scale (Rs.)
5	Grade ‘D’	68500-2150(2)-72800-2250(6)-86300 (9 years)
6	Grade ‘E’	72800-2250(1)-75050-2400(2)- 79850-2500(3)-87350-3000(5)- 102350 (12 years)
7	Grade ‘F’	101900-3000(4)-113900 (5 years)
8	Executive Director	120500-3500(2)-127500 (3 years)

Is Sebi exam tough?

General Awareness: This section was the only tough section in the exam. Most questions were related to the subjects of core finance. This section might have been easy to attempt for someone like a chartered accountant, but for someone like an MBA, it was really tough.