Question

    Which statements accurately reflect SEBI's actions regarding illegal trading activities?

    1. SEBI is investigating a mutual fund for suspected front-running.

    2. Insider trading involves company executives or employees using non-public information for trading.

    3.  The Zoological Survey of India (ZSI) identified a new species of horned frog in Tale Wildlife Sanctuary.

    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C 3 only Correct Answer Incorrect Answer
    D 1 and 2 only Correct Answer Incorrect Answer
    E 1, 2, and 3 Correct Answer Incorrect Answer

    Solution

    Statements 1 and 2 are about SEBI's actions regarding front-running and insider trading. Statement 3 is about a new frog species discovered by ZSI, unrelated to SEBI's actions.

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