Discussion
Which among the following is correctly matched regarding Securities and Exchange Board of India?
A. 1988 - The Securities and Exchange Board of India was constituted as a non-statutory body.
B. The Securities and Exchange Board of India was established as a statutory body in the year 1992.
Answer: C
Both A and B are correct, so the answer is both A and B. SEBI was set up in 1988 as a non-statutory body by a resolution of the Government of India, and it became a statutory body in 1992 when the Securities and Exchange Board of India Act, 1992 was passed, after the Ordinance of January 1992.
The options saying only A, only B, or none of these are wrong because both statements are correct and neither can be left out.
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development