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GENERAL KNOWLEDGE
What does SEBI stand for ?...

What does SEBI stand for ?

A

Securities and Exchange Board of India

B

Service and Employment Building of India

C

Securities Exchange Board of India

D

Service Estimated by Banks in India

Text Solution

Verified by Experts

The correct Answer is:
a
The Securities and Exchange Board of India (frequently abbreviated SEBI) is the regulator for the securities market in India. It was established in the year 1988 and given statutory powers 12 April 1992 through the SEBI Act, 1992. It Is mandated protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith.
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