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The SEBI was given statutory recognition in on the recommendation of:

  1. A
    the Chakraborty Commission
  2. B
    the Chelliah Committee.
  3. C
    the Tendulkar Committee.
  4. D
    the Narasimham Committee.

Solution & Step-by-step Explanation

The Securities and Exchange Board of India (SEBI) was initially established as a non-statutory body in 1988. It was granted full statutory autonomous status and enforcement powers through the SEBI Act on January 30, 1992, following structural recommendations on financial sector reforms submitted by the Narasimham Committee.

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The SEBI was given statutory recognition in on the recommendation of:
A
the Chakraborty Commission
B
the Chelliah Committee.
C
the Tendulkar Committee.
D
the Narasimham Committee.

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