Which of the following recently received permission from SEBI to exit business?
Delhi Stock Exchange
Understanding Stock Exchanges and SEBI
Stock exchanges are crucial marketplaces where buyers and sellers trade shares of publicly listed companies. In India, the regulatory body overseeing the securities market, including stock exchanges and brokers, is the Securities and Exchange Board of India (SEBI).
SEBI's Role in Stock Exchange Operations
SEBI plays a vital role in regulating the Indian capital markets. Its functions include protecting the interests of investors, promoting the development of the securities market, and regulating its operations. This regulation extends to allowing stock exchanges to operate and, in certain circumstances, permitting them to exit the business if they meet specific criteria or fail to comply with regulations.
Stock Exchange Exit Permission from SEBI
In recent times, some regional stock exchanges in India have faced challenges related to low trading volumes, stringent regulatory requirements, and the dominance of major exchanges like the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Due to these factors, some exchanges have sought permission from SEBI to cease operations and exit the stock exchange business.
Among the options provided, the stock exchange that recently received permission from SEBI to exit its business is the Delhi Stock Exchange.
Let's look at the options:
- Bombay Stock Exchange: This is one of the primary stock exchanges in India and is actively operational.
- Calcutta Stock Exchange: This is a regional stock exchange that has faced operational challenges but was not the one specified as recently receiving permission to exit.
- Delhi Stock Exchange: This stock exchange received SEBI's approval to exit the business.
- National Stock Exchange: This is one of the largest and most active stock exchanges in India and is fully operational.
Therefore, based on recent regulatory decisions by SEBI concerning the exit of regional stock exchanges, the Delhi Stock Exchange was the one that received the necessary permission to cease its operations as a stock exchange.
Important Questions from Miscellaneous
A stone is thrown horizontally from the top of a 20 m high building with a speed of 12 m/s. It hits the ground at a distance R from the building. Taking g = 10 m/s2 and neglecting air resistance will give :
A mass is attached to a spring that hangs vertically. The extension produced in the spring is 6 cm on Earth. The acceleration due to gravity on the surface of the Moon is one-sixth of its value on the surface of the Earth. The extension of the spring on the Moon would be:
Directions: Each item in this section consists of a sentence with an underlined word followed by four words (a), (b), (c), and (d). Select the option that is opposite in meaning to the underlined word and mark your response in your Answer Sheet accordingly.
The deluge affected the population.The major source of vitamins and minerals for vegetarians is
Which of the following statements about the Deccan Riots Commission is/are correct?
1. The Commission did not hold enquiries in the districts which were not affected.
2. The Commission did record the statements of ryots, sahukars and eye-witnesses.
Select the correct answer using the code given below:
