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India · Economy & Business · Hard
Which statutory regulatory body, established in 1988 and given legal powers through the SEBI Act of 1992, oversees India's securities and commodity markets?
Answer: Securities and Exchange Board of India — The Securities and Exchange Board of India (SEBI) was established in 1988 and became a statutory body in 1992 to protect investor interests and regulate securities markets.
- A Reserve Bank of India
- B Insurance Regulatory and Development Authority
- C Securities and Exchange Board of India ✓
- D Pension Fund Regulatory and Development Authority
The Securities and Exchange Board of India (SEBI) was established in 1988 and became a statutory body in 1992 to protect investor interests and regulate securities markets.