ECONOMICS
FINANCIAL MARKETS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SEBI was established in ____
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1984
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1988
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2001
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1956
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Explanation:
Detailed explanation-1: -Establishment Of SEBI The Securities and Exchange Board of India was constituted as a non-statutory body on April 12, 1988 through a resolution of the Government of India.
Detailed explanation-2: -Definition Of SEBI And Its Importance It was initially formed as a non-statutory body on 12 April 1988, with no authority over anything, but later in 1992, it was accepted as an independent agency with statutory powers.
Detailed explanation-3: -Safeguard the investors of the stock market: The SEBI was established to secure the interest of investors in the financial market. It aims to provide a safe environment for the stock market participants by continuous improvement in its guidelines and measures.
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