Business Studies, asked by apurva1502, 1 year ago

Explain in detail the establishment and functions of SEBI.

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Answered by Anonymous

Securities Exchange Board of India (SEBI) was set up in 1988 to regulate the functions of securities market. ... It was left as a watch dog to observe the activities but was found ineffective in regulating and controlling them. As a result in May 1992, SEBI was granted legal status.

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