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hardMCQCompetitive Exam2026Economics
1 mark

The SEBI was given statutory recognition in 1992 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 established in 1988 as a non-statutory body. It was granted statutory autonomous authority on January 30, 1992, through the SEBI Act, 1992, following the structural recommendations on financial sector reforms submitted by the Narasimham Committee.

Practice this question

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The SEBI was given statutory recognition in 1992 on the recommendation of
A
the Chakraborty Commission
B
the Chelliah Committee.
C
the Tendulkar Committee.
D
the Narasimham Committee.

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