What is SEBI?
Answer Posted / sirisha
The Securities and Exchange Board of India Act, 1992 is
having retrospective effect and is deemed to have come into
force on January 30, 1992. Relatively a brief act containing
35 sections, the SE BI Act governs all the Stock Exchanges
and the Securities Transactions in India.
A Board by the name of the Securities and Exchange Board of
India (SE BI) was constituted under the SE BI Act to am
minister its provisions. It consists of one Chairman and
five members.
One each from the department of Finance and Law of the
Central Government, one from the Reserve Bank of India and
two other persons and having its head office in Bombay and
regional offices in Delhi, Calcutta and Madras.
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What's CRR?
Pass the Journal Entry of Debentures Are Issued Other Than Cash?
How to fight Inflation and what is the current Indian scenario about Inflation?
What is mergers and acquisitions?
Differentiate between Compare Component cost and Composite cost?
what is direct investment and foriegn direct investment?
What is 'equity capital'?
Who is co-operative bank regulator?
What are the various banks take for women empowerment?
What is a demand draft?
Must I Produce Tax Returns Before And After My Bankruptcy?
What are the threats to internet security?
How to calculate the salary as per government?
What are the most basics financial statements prepared by the companies?
What do you think social networking sites have affected the daily life of the people?