2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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15 months
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12 months
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24 months
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18 months
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Detailed explanation-1: -Tyagi, a 1984 batch IAS officer, was appointed as the chairman on 1 March 2017 for a period of three years.
Detailed explanation-2: -Mr. Tyagi (63), a 1984 batch IAS officer of Himachal Pradesh cadre, was appointed as SEBI Chairperson on March 1, 2017, for three years. He was subsequently given a six-month extension and later in August 2020, his tenure was extended by 18 months.
Detailed explanation-3: -(2) The Chairman and every whole-time Member shall hold office for such period, not exceeding 5 years, as many be specified in the order of his appointment; but he shall be eligible for reappointment; Provided that no person shall hold office as the Chairman or a Member after he attains the age of sixty-five years.