UPSC Prelims Practice Questions — SEBI revamps stockbroker rules to ease compliance

Question 1

Under the SEBI (Stock Brokers) Regulations, 2026, the provision permitting a stock broker to give 'incidental investment advice' is best described as the allowance to:

Accepted Answer

provide investment advice to its broking clients that is incidental to its broking activity, without the conditions otherwise applicable

Answer

manage client portfolios on a discretionary basis as a portfolio manager

Answer

act as an investment adviser to the general public irrespective of any broking relationship

Answer

underwrite securities issues out of borrowed funds for its advisory clients

Question 2

The Securities and Exchange Board of India, which notified the Stock Brokers Regulations, 2026, functions under the administrative control of which one of the following Union ministries?

Accepted Answer

Ministry of Finance

Answer

Ministry of Corporate Affairs

Answer

Ministry of Commerce and Industry

Answer

Ministry of Law and Justice

Question 3

Under the SEBI (Stock Brokers) Regulations, 2026, the volume of the regulations was reduced from 59 pages to how many pages?

Accepted Answer

29

Answer

19

Answer

39

Answer

49

UPSC Prelims Practice Questions — SEBI revamps stockbroker rules to ease compliance

Q1. Under the SEBI (Stock Brokers) Regulations, 2026, the provision permitting a stock broker to give 'incidental investment advice' is best described as the allowance to:

Q2. The Securities and Exchange Board of India, which notified the Stock Brokers Regulations, 2026, functions under the administrative control of which one of the following Union ministries?

Q3. Under the SEBI (Stock Brokers) Regulations, 2026, the volume of the regulations was reduced from 59 pages to how many pages?