CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When was the Securities and Exchange Board of India (SEBI) founded?
A
12 April 1988
B
30 Jan 1992
C
26 Jan 1992
D
30 Mar 1992
Explanation: 

Detailed explanation-1: -Establishment Of SEBI The Securities and Exchange Board of India was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992.

Detailed explanation-2: -It is a statutory regulatory body that was established by the Government of India in 1992 for protecting the interests of investors investing in securities along with regulating the securities market. SEBI also regulates how the stock market and mutual funds function.

Detailed explanation-3: -The Securities and Exchange Board of India (SEBI) is the leading regulator securities markets in India, analogous to the Securities and Exchange Commission in the U.S. SEBI has wide-ranging regulatory, investigative, and enforcement powers, including the ability to impose fines on violators.

There is 1 question to complete.