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: -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-3: -(1) Protect the interest of investors in securities market, regulate the securities market in India. (2) Registering the depositories, investment schemes, mutual funds. (3) Promoting fundamental education needed to invest in securities markets.

Detailed explanation-4: -It is a statutory regulatory body that was established by the Government of India in 1992 for protecting the interests of investors investing in securities along with regulating the securities market. SEBI also regulates how the stock market and mutual funds function.

Detailed explanation-5: -Board of India Act, 1992 (15 of 1992); ] (h) “securities” include-(i) shares, scrips, stocks, bonds, debentures, debenture stock or other marketable. securities of a like nature in or of any incorporated company or other body.