Question

What is the primary objective of SEBI making e-governance mandatory for specific organizations?

1. To safeguard the interests of investors and other stakeholders by ensuring transparency and fairness.
2. To increase the complexity of financial reporting for organizations.
3. To reduce the regulatory burden on market participants.

• A. 1 മാത്രം
• B. 1, 3
• C. 1, 2
• D. 2

Answer 1

Answer:

A. 1 മാത്രം

The Securities and Exchange Board of India (SEBI) plays a critical role in regulating the securities market to protect investors and ensure the orderly growth of the market. Recognizing the benefits of technology in achieving these objectives, SEBI has mandated the adoption of e-governance for certain market participants and listed companies. The primary goal behind this mandate is to enhance transparency and fairness within the financial system. By leveraging e-governance, SEBI aims to provide investors with greater access to information, facilitate quicker and more efficient communication, improve the integrity of transactions, and ensure that all market participants adhere to regulatory norms. Ultimately, this leads to a more robust, trustworthy, and investor-friendly capital market.