Accountancy, asked by mhsh3307, 1 year ago

Give the full form of SEBI. (Answer in one sentence)

Answers

Answered by ansamma
0
Initially SEBI was a non statutory body without any statutory power. However, in 1992, the SEBI was given additional statutory power by the Government of India through an amendment to the Securities and Exchange Board of India 
Answered by orangesquirrel
0

Answer:

SEBI stands for the Securities and Exchange Board of India. It was established in 1988 under the Government of India but it became autonomous and got its statutory powers in the year 1992.

Ajay Tyagi is the current chairperson of SEBI who was nominated by the Government of India.

Its main function is associated with monitoring, regulating and controlling the securities market.

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