Describe in brief about the following Regulatory bodies of the Government of India: (i) Securities and Exchange Board of India (ii) Reserve Bank of…
CA Foundation · Business Laws · MTP · January 2025
Describe in brief about the following Regulatory bodies of the Government of India: (i) Securities and Exchange Board of India (ii) Reserve Bank of India (iii) Insolvency and Bankruptcy Board of India
Suggested Answer and Working Notes:
The Securities and Exchange Board of India (SEBI): It is the regulatory bodyfor securities and commodity market in Indiaunder the ownership of Ministry of Finance within the Government of India.It was established on 12 April, 1988 as an executive body and was given statutory powers on 30 January, 1992 through the SEBI Act, 1992.
Topics: Indian Regulatory Framework
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