Question

What major policy initiated by SEBI in 1993 led to the shift of all exchanges to screen-based trading?

a.

Capital Issues Control Act

b.

Insider Trading Act

c.

SEBI Act

d.

Automation of stock trading

Answer: (d).Automation of stock trading Explanation:The shift to screen-based trading was motivated primarily by the need for greater transparency and initiated by SEBI in 1993.

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Q. What major policy initiated by SEBI in 1993 led to the shift of all exchanges to screen-based trading?

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