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    Question

    SEBI shall consist of ……….

    members
    A 8 Correct Answer Incorrect Answer
    B 7 Correct Answer Incorrect Answer
    C 9 Correct Answer Incorrect Answer
    D 10 Correct Answer Incorrect Answer

    Solution

    Section 4 of SEBI Act Management of the Board—(1) The Board shall consist of the following members, namely:— (a) a Chairman; (b) two members from amongst the officials of the Ministry of the Central Government dealing with Finance and administration of the Companies Act, 1956; (c) one member from amongst the officials of the Reserve Bank; (d) five other members of whom at least three shall be the whole-time members,to be appointed by the Central Government.

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