Which among the following is/are correct regarding the Securities and Exchange Board of India?
I. It is a quasi-judical body since it can pass judgments in cases related to the capital market.
II. It is a quasi-executive body since it can carry out investigations in cases of malpractices in the securities market of the country.
III. It is a statutory body as well as a regulatory body.
1
Only II
2
Both I and II
3
Both II and III
4
All I, II and III
5
None of the above