Who has right to establish SEBI ?
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Government Of India
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The Government of India has established the SEBI.
- SEBI represents a judicial managerial organisation set up in the year 1992 by the Indian Government.
- It tracks and controls the Indian capital and securities market while ensuring guidelines being formulated to be adhered to protect the interests of investors.
- SEBI is properly governed by a executive board of directors, typically comprising a chairman elected by Parliament, two officers from the Ministry of Finance, one member from the Indian Reserve Bank, and five prominent members also elected by Parliament.
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