Question

Which organization has made e-governance mandatory for specific organizations?

• A. RBI (Reserve Bank of India)
• B. SEBI (Securities and Exchange Board of India)
• C. IRDAI (Insurance Regulatory and Development Authority of India)
• D. CCI (Competition Commission of India)

Answer 1

Answer:

B. SEBI (Securities and Exchange Board of India)

• Investor Protection: SEBI's primary role is to protect the interests of investors in the securities market. By making e-governance mandatory, SEBI ensures that companies maintain a high level of transparency and accountability.

• Ensuring Compliance: E-governance provides a verifiable digital trail for all corporate actions, making it easier for SEBI to monitor compliance with regulations. This reduces the risk of fraud and financial misconduct.

• Fostering Fair Practices: By enforcing e-governance, SEBI aims to create a more level playing field. This ensures that all stakeholders, including small investors, have fair access to information and are protected from unfair business practices.