ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The correct answer is SEBI. SEBI is a statutory regulatory body established on the 12th of April, 1992. It monitors and regulates the Indian capital and securities market while ensuring to protect the interests of the investors, formulating regulations and guidelines.

Detailed explanation-2: -Securities and Exchange Board of India (SEBI) is an apex body, which maintains and regulates our Capital Market. It was established in the year 1988 by the Indian government.

Detailed explanation-3: -The main duty of SEBI is to regulate the Indian Capital markets. It monitors and regulates the stock market and protects the interests of the investors by enforcing certain rules and regulations.

Detailed explanation-4: -The SEBI is the regulatory authority established under Section 3 of SEBI Act 1992 to protect the interests of the investors in securities and to promote the development of, and to regulate, the securities market and for matters connected therewith and incidental thereto.

Detailed explanation-5: -The SEBI is managed by its members, which consists of the following: The chairman is nominated by the Union Government of India. Two members, i.e., Officers from the Union Finance Ministry. One member from the Reserve Bank of India.