Question 46
EasyOriginal questionWhich body regulates India's securities market?
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
SEBI regulates stock exchanges, listed companies, brokers and mutual funds.
It was set up in 1988 and given statutory powers by the SEBI Act of 1992.
Four years therefore separate the body's creation from the Act that gave it teeth.
Worth noting
The gap is not an accident. SEBI was made statutory in the aftermath of the 1992 securities scam.
- Concept
- Who regulates the securities market
- Typical timeTypical
- 30 s
- Your timeYours
- —
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