21.Which of the following is not a power of SEBI?  A. Quasi-judicial  B. Quasi-executive  C. Quasi-regulator  D. Quasi-legislative

To determine which of the options is not a power of the Securities and Exchange Board of India (SEBI), let's briefly outline what each term typically means in the context of regulatory bodies.

1. Quasi-judicial: This refers to the authority to conduct hearings and make decisions on specific criteria, similar to judicial proceedings. SEBI has quasi-judicial powers, allowing it to impose penalties and take actions against violations.

2. Quasi-executive: This includes the ability to enforce laws and regulations. SEBI has quasi-executive powers to ensure compliance with its regulations.

3. Quasi-regulator: Regulatory bodies generally have the authority to set and enforce rules in a particular sector. Since SEBI operates in the financial markets, it is fundamentally a regulatory body.

4. Quasi-legislative: This refers to the power to create or amend regulations and rules. SEBI possesses quasi-legislative powers, enabling it to frame regulations under the Securities and Exchange Board of India Act.

Analyzing the definitions and powers associated with SEBI:

• It has quasi-judicial, quasi-executive, and quasi-legislative powers.
• The term "quasi-regulator" is a bit broader and typically describes the role of SEBI rather than a specific power.

Conclusion

Thus, the option that does not specifically represent a distinct power of SEBI is C. Quasi-regulator.