UPSC Prelims Practice Questions — SEBI mulls new norm for sharing price data
Q1. Under the Securities and Exchange Board of India's 2026 framework on sharing and usage of market price data for educational purposes, which one of the following institutions has been specifically granted a relaxation to access such data with a one-day time lag for use in its simulation lab?
- A. National Institute of Securities Markets (NISM)
- B. Indian Institute of Capital Markets
- C. National Institute of Bank Management
- D. Institute for Development and Research in Banking Technology
Q2. As per the Securities and Exchange Board of India's 2026 framework, what is the uniform time lag prescribed for both sharing and usage of exchange price data for educational purposes?
- A. 7 days
- B. 15 days
- C. 30 days
- D. 90 days
Q3. In the context of SEBI's regulations, including the 2026 norms on sharing of price data for educational purposes, the term 'Market Infrastructure Institutions (MIIs)' refers to which one of the following?
- A. Stock exchanges, clearing corporations and depositories
- B. Commercial banks, non-banking financial companies and mutual funds
- C. Credit rating agencies, merchant bankers and underwriters
- D. Asset management companies, pension funds and insurance companies
Q4. The Securities and Exchange Board of India, which issued the 2026 consultation paper on sharing and usage of price data for educational purposes, derives its statutory powers from which one of the following?
- A. Securities Contracts (Regulation) Act, 1956
- B. Securities and Exchange Board of India Act, 1992
- C. Depositories Act, 1996
- D. Companies Act, 2013