2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In order to strengthen the SEBIs enforcement mechanism the SEBI committee headed by which former Supreme Court Judge has proposed a method of quantification of profit made by the defaulter and loss caused to investors?
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Anil Dave
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M. Y. Eqbal
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DK Jain
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T. S. Thakur
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Explanation:
Detailed explanation-1: -Detailed Solution. The correct answer is the Narasimham Committee. The SEBI was given statutory recognition in 1992 on the recommendation of the Narasimham Committee. The Securities and Exchange Board of India (SEBI), was initially constituted on April 12, 1988.
Detailed explanation-2: -The committee will now be chaired by Jai Narayan Patel, former chief justice of Calcutta High Court, according to a latest update with the Securities and Exchange Board of India (Sebi). The panel was earlier headed by Vijay C Daga, retired judge of High Court of Bombay.
There is 1 question to complete.