ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -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: -The Securities and Exchange Board of India was established as a statutory body in the year 1992 and the provisions of the Securities and Exchange Board of India Act, 1992 (15 of 1992) came into force on January 30, 1992.

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.

Detailed explanation-4: -SEBI has its headquarters at the business district of Bandra Kurla Complex in Mumbai and has Northern, Eastern, Southern and Western Regional Offices in New Delhi, Kolkata, Chennai, and Ahmedabad respectively.

Detailed explanation-5: -SEBI was established in 1988 under the Securities and Exchange Board of India Act, 1992. The organization protects investors’ interests in stock exchanges (equity), debt markets, mutual funds, and derivatives trading (futures & options). It protects investors against market fraud and malpractices.