SEBI

Why it matters

• Ensures the orderly development and regulation of the securities market to maintain investor confidence.
• Promotes transparency and prevents fraudulent or unfair trade practices through rigorous oversight of market intermediaries.
• Balances the need for market innovation with the mandate of systemic stability and financial integrity.

How it is asked

Focus on the statutory powers, quasi-judicial functions, and the role of SEBI in corporate governance and investor protection mechanisms within the Indian financial ecosystem.