ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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STOCK EXCHANGE BOARD OF INDIA
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SECURITY AND EXCHANGE BOARD OF INDIA
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SECURITIES EXCHANGE BOARD OF INDIA
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SECURITIES AND EXCHANGE BOARD OF INDIA
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Detailed explanation-1: -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-2: -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.
Detailed explanation-3: -SEBI is a statutory body and a market regulator, which controls the securities market in India. The basic functions of Sebi is to protect the interests of investors in securities and to promote and regulate the securities market. Sebi is run by its board of members.