Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 267)
267.
When was the Securities and Exchange Board of India (SEBI) founded?
12 April 1988
30 Jan 1992
26 Jan 1992
30 Mar 1992
Answer: Option
Explanation:
Securities and exchange Board of India (SEBI) was first established in the year 1988 as a non-statutory body for regulating the securities market. It became an autonomous body by The Government of India on 12 May 1992 and given statutory powers in 1992 with SEBI Act 1992 being passed by the Indian Parliament.
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