Options
- A
Prevention of Money Laundering Act
- B
Prohibition of Insider Trading Regulations, 2015
-
Fraudulent and Unfair Trade Practices
Correct answer
- D
SEBI Act
Why this is the answer
Under Regulation 4(2) of the SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, entering into transactions without intent to perform them or change ownership of securities constitutes a manipulative, fraudulent, or unfair trade practice.
Test yourself for real
Take a full NISM Series VII mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.