Consider the following statements:1.Abusive market practices are prohibited under the provision of the Sebi Act of 1993 and the Sebi (prohibition of fraudulent & unfair trade practices relating to securities market) regulation 2003.2.The Advertising Standards Council of India has laid down guidelines for influencers, who can influence purchasing and investing decisions.Select the correct statements using the codes given below

Q. Consider the following statements:
1.Abusive market practices are prohibited under the provision of the Sebi Act of 1993 and the Sebi (prohibition of fraudulent & unfair trade practices relating to securities market) regulation 2003.
2.The Advertising Standards Council of India has laid down guidelines for influencers, who can influence purchasing and investing decisions..
Select the correct statements using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C

Notes:

Explanation –

Statement 1 and 2 are correct. Abusive market practices are prohibited under the provision of the Sebi Act of 1993 and the Sebi (prohibition of fraudulent & unfair trade practices relating to securities market) regulation 2003. The Advertising Standards Council of India has laid down guidelines for influencers, who can influence purchasing and investing decisions.

Source: The Times of India

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS