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Role, Power & Functions of SEBI: IBPS Banking Awareness

In IBPS, SBI, RBI recruitment exams, both in written and interview, some questions are asked from role, power, functions of SEBI. It is a very important topic for IBPS, SBI, RBI PO/Clerk/SO recruitment exams. So, we have given here detailed and brief information about SEBI. First we have to know what is SEBI? 


The Securities and Exchange Board of India (SEBI) was enacted by the Government of India in terms of SEBI Act, 1992 on 4th April, 1992 to protect the interests of investors in securities and to protect and promote the development of the security market.




Role & Functions of Securities and Exchange Board of India (SEBI) 

  • SEBI regulates the business in stock exchanges and security markets.
  • It registers and regulates the work of share transfer agents, stock-brokers, sub-brokers, bankers, trustees and all other intermediates who are associated with the security markets.
  • It has sole right to prohibit insider-trading in securities.
  • SEBI may take steps to undertake inspection of any book, register, record or other documents of any listed publics company which put its securities listed on any recognized stock exchange.
  • The board may suspend any office bearer of stock exchanges or sell-regulatory organizations.
  • For the protection of investors, the board may prohibit any company from issuing prospectus, offer documents or advertisement soliciting money from the public for the issue of securities without prejudice to the provisions of the companies Act, 1956.
  • If it is found that a person has violated or intends to violate any provision of this Act or rules and regulations, the board may pass an order to cease and desist from causing and committing such violation.
  • Like the code of civil procedure, 1908, SEBI has the same power to summon and enforce the attendance of a person and exam them on oath.

Need more short notes on banking awareness? You can get them from the following links-

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