GENERAL KNOWLEDGE

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 Ordinance was replaced by an Act of Parliament on April 4, 1992. The preamble of the SEBI Act, 1992 enshrines the objectives of SEBI – to protect the interest of investors in securities market and to promote the development of and to regulate the securities market.

Detailed explanation-3: -Answer-B) 1992 The Provisions of the securities and exchange board of India act came into force on January 30, 1992.

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.