Q. Which of the following best defines the term “Insider Trading”?
Answer: C
Notes:
Explanation: Insider trading refers to the illegal use of material, non-public information (MNPI) by insiders (such as executives, employees, or associates) to gain an unfair advantage in stock trading. It is prohibited under the SEBI Act, 1992 and regulated by SEBI (Prohibition of Insider Trading) Regulations, 2015 in India.
Source– IE
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