Question
Download Solution PDFSEBI stands for ______.
This question was previously asked in
MSTET Varg 2 Social Science (Shift 2): Held on 26th Feb 2019
Answer (Detailed Solution Below)
Option 1 : Securities Exchange Board of India
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MP MSTST Varg 2 (Mains) Mathematics Full Test 1
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Detailed Solution
Download Solution PDFThe correct answer is Securities Exchange Board of India.
Key Points
- SEBI stands for Securities Exchange Board of India.
- Securities Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the ownership of Ministry of Finance.
- It was established on 12 April 1988.
- It was given statutory powers on 30 January 1992 through the SEBI Act, 1992.
- The basic function of SEBI is to protect the interests of investors in securities and to promote and regulate the securities market.
Thus, we can say that SEBI stands for Securities Exchange Board of India.
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