What is SEBI?
Answer Posted / kumar kuruvatti
In 1988 the Securities and Exchange Board of India (SEBI)
was established by the Government of India through an
executive resolution, and was subsequently upgraded as a
fully autonomous body (a statutory Board) in the year 1992
with the passing of the Securities and Exchange Board of
India Act (SEBI Act) on 30th January 1992. In place of
Government Control, a statutory and autonomous regulatory
board with defined responsibilities, to cover both
development & regulation of the market, and independent
powers have been set up. Paradoxically this is a positive
outcome of the Securities Scam of 1990-91.
Is This Answer Correct ? | 22 Yes | 5 No |
Post New Answer View All Answers
What do you know NABARD?
What are the key features of Union Budget 2017?
Will Bankruptcy Wipe Out All My Debts?
How to reporton accounting procedures of any organization and what is the role of Indian GAAP in accounting procedures.
What recent steps has PM Narendra Modi Government taken for betterment of Indian Economy?
Who is the regulator of SEBI?
What is 'fixed deposit account'?
What is the meaning of goodwill? How is it calculated?
frnz.... how to get into the navratna companies , plz do help me!!!
what are the gideliness given by kalyana sundaram comittiee for factoring?
What is the difference between unemployment and underemployment?
Explain working capital turnover ratio.
how do you plan to grow within an organization?
Do you know headquarters of some Indian Government Banks?
Why development of rural area is important (when told the function of NABARD)?