SEBI was given statutory powers in:
A2000
B1956
C1988
D1992 (SEBI Act, 1992) — regulates capital markets
Answer & Solution
Correct answer: D. 1992 (SEBI Act, 1992) — regulates capital markets
SEBI established 1988 (as non-statutory body); SEBI Act 1992 gave statutory status. Regulates stock exchanges, intermediaries, mutual funds; protects investors; prevents insider trading. Chairman appointed by Govt. Headquarters: Mumbai.
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