Hello!

The Securities and Exchange Board of India (SEBI) is the regulatory authority for the securities market in India. Its primary functions include protecting the interests of investors, promoting the development of the securities market, and regulating the stock exchanges and other securities markets.

To answer your question about which function is NOT associated with SEBI, you may be looking at options like promoting investor education, regulating market intermediaries, and overseeing corporate takeovers. If any option suggests functions outside the scope of securities regulation, such as directly managing companies or investing on behalf of the public, that would not be a function of SEBI.

If you have specific options in mind, feel free to share them for a more precise answer. If you need further assistance or information on related topics, don't hesitate to ask!