Question

Identify the correct statements regarding the role of SEBI and e-governance.

1. SEBI has made e-governance mandatory for specific organizations to protect investors.
2. The mandatory adoption of e-governance by SEBI aims to ensure transparency and fairness in the system.
3. E-governance is not a tool for safeguarding the interests of stakeholders.
4. SEBI's directive on e-governance is unrelated to corporate governance practices.

• A. ii, iii
• B. ii, iv
• C. ii
• D. i, ii

Answer 1

Answer:

D. i, ii

The Securities and Exchange Board of India (SEBI) plays a crucial role in regulating the securities market and protecting investors. In line with this objective, SEBI has mandated the implementation of e-governance for certain types of organizations. This directive is primarily aimed at enhancing transparency and fairness within the financial system, thereby safeguarding the interests of investors and other stakeholders. E-governance provides the technological framework that enables better oversight, reduces opportunities for fraud, and ensures that information is disseminated efficiently and equitably. Therefore, SEBI's push for e-governance is intrinsically linked to strengthening corporate governance and ensuring market integrity.