Question

    When was the Securities and Exchange Board of India enacted?

    A April, 1988 Correct Answer Incorrect Answer
    B April, 1989 Correct Answer Incorrect Answer
    C April, 1990 Correct Answer Incorrect Answer
    D April, 1991 Correct Answer Incorrect Answer
    E April, 1992 Correct Answer Incorrect Answer

    Solution

    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. Securities and Exchange Board of India (SEBI) was first established in the year 1988 as a non-statutory body for regulating the securities market.

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