Cracking the Banking and Insurance exam is not as easy as we think. In the Banking and Insurance exam, Financial awareness-related questions are asked from all types and regulatory bodies. Today, we have come up with the most important questions and answers related to the SEBI (Securities and Exchange Board of India).
In the Banking and Insurance exams, general knowledge and current affairs questions are listed in the mains exam, not in the prelims exam. Only in the RBI-related exams assistant and officer levels.
SEBI GK Quiz
SEBI’s Full form is Securities and Exchange Board of India. Sometimes these questions are asked or its establishment year as well as its head office. Mainly, questions are created from the History, Establishment, Chairman, Full Form, etc topics. To make this topic easy and very simple, we have provided the list of the most relevant GK quizzes based on the SEBI (Securities and Exchange Board of India).
SEBI GK Quiz (MCQs)
RC Affairs suggests that every aspirant to prepare the topic deeply so that the question and answer can be solved. Practice the SEBI GK Quiz in the objective form. Each question contains the options to choose the right answer and mark them.
Question: When was SEBI established?
A) 1988
B) 1992
C) 1995
D) 2000
Answer: A) 1988
Question: In which year was the SEBI Act passed?
A) 1988
B) 1990
C) 1992
D) 1995
Answer: C) 1992
Question: Where is the headquarters of SEBI located?
A) Mumbai
B) New Delhi
C) Kolkata
D) Chennai
Answer: A) Mumbai
Question: Who appoints the chairman of SEBI?
A) Prime Minister
B) Finance Minister
C) Central Government
D) President of India
Answer: C) Central Government
Question: How many members typically constitute the SEBI Board?
A) 5
B) 7
C) 9
D) 11
Answer: B) 7
Question: What is the typical tenure of the SEBI chairman?
A) 2 years
B) 3 years
C) 5 years
D) 6 years
Answer: B) 3 years
SEBI GK Quiz
Question: Can the SEBI chairman be reappointed?
A) Yes, once
B) No
C) Yes, unlimited times
D) Yes, twice
Answer: A) Yes, once
Question: How many regional offices does SEBI have as of 2025?
A) 4
B) 5
C) 6
D) 7
Answer: D) 7
Question: When was the SEBI Ombudsman Scheme introduced?
A) 1999
B) 2003
C) 2006
D) 2010
Answer: C) 2006
Question: Which act empowers SEBI to regulate capital markets?
A) Companies Act 2013
B) SEBI Act 1992
C) Banking Regulation Act 1949
D) Securities Contracts Regulation Act 1956
Answer: B) SEBI Act 1992
Question: What is the main objective of SEBI?
A) Promote industrial development
B) Regulate securities market and protect investors
C) Control foreign exchange
D) Manage banking system
Answer: B) Regulate securities market and protect investors
Question: Who was the first chairman of SEBI?
A) Dr. Manmohan Singh
B) G.V. Ramakrishna
C) C.B. Bhave
D) U.K. Sinha
Answer: B) G.V. Ramakrishna
Question: Which regulatory functions are performed by SEBI?
A) Registration of stock brokers and sub-brokers
B) Regulation of stock exchanges
C) Protection of investor interests
D) All of the above
Answer: D) All of the above
Question: SEBI regulates which markets?
A) Equity market
B) Debt market
C) Derivatives market
D) All of the above
Answer: D) All of the above
Question: Under SEBI regulations, what is a mutual fund classified as?
A) Sole Proprietorship
B) Trust
C) Company
D) Partnership
Answer: B) Trust
SEBI GK Quiz
Question: What is the penalty for insider trading under SEBI?
A) Imprisonment only
B) Fine up to 25 crore INR or three times the profit made
C) Warning letter only
D) None of these
Answer: B) Fine up to 25 crore INR or three times the profit made
Question: Who regulates merchant bankers in India?
A) RBI
B) SEBI
C) IRDAI
D) MCA
Answer: B) SEBI
Question: SEBI’s powers include which of the following?
A) Conduct inspections and investigations
B) Pass orders to restrain violators
C) Levy penalties and impose fines
D) All of the above
Answer: D) All of the above
Question: What mechanism does SEBI use for grievance redressal of investors?
A) SEBI Complaints Redress System (SCORES)
B) Consumer Court only
C) Banking Ombudsman
D) None
Answer: A) SEBI Complaints Redress System (SCORES)
Question: SEBI introduced which system for electronic trading?
A) T+2 Settlement System
B) Demat Account System
C) NEAT System
D) RTGS
Answer: C) NEAT System
Question: When did SEBI make it mandatory for companies to issue shares in demat form?
A) 1998
B) 2000
C) 2001
D) 2003
Answer: D) 2003
Question: Which among these is NOT regulated by SEBI?
A) Stock Exchanges
B) Foreign Exchange Market
C) Mutual Funds
D) Credit Rating Agencies
Answer: B) Foreign Exchange Market
Question: What does SEBI’s Insider Trading Regulations aim to prevent?
A) Use of confidential information for unfair gain
B) Stock manipulation by promoters
C) Fraud in IPOs
D) All of the above
Answer: A) Use of confidential information for unfair gain
Question: SEBI Act empowers SEBI to regulate intermediaries like?
A) Stock Brokers
B) Registrars and Transfer Agents
C) Debenture Trustees
D) All of the above
Answer: D) All of the above
Question: What system has SEBI implemented to enhance market transparency?
A) Annual Reports of Corporates
B) Online Disclosure Portal (EDIFAR)
C) Continuous Disclosure of Price Sensitive Information
D) All of the above
Answer: D) All of the above