SEBI is a board established by govt. of india in 1991 after Harshad mehta scam.It's main function is to stop fradulant activities of stock market. it has full control over stock market.It ensure smooth functioning of capital market.
sebi security exchange board of india. it is located in mumbai and it protects the interests of investors in securities and promotes the development of the securities market through appropriate regulation.
sebi stands for securities exchange board of india.which controls the stock exchange and which protects investors.
securities and Exchange Board of India Was formed in Jan,1992 as a single agency to look offer control over capital market ensure its orderly growth.
In 1988 the Securities and Exchange Board of India (SEBI) was established by the Government of India through an executive resolution, and was subsequently upgraded as a fully autonomous body (a statutory Board) in the year 1992 with the passing of the Securities and Exchange Board of India Act (SEBI Act) on 30th January 1992. In place of Government Control, a statutory and autonomous regulatory board with defined responsibilities, to cover both development & regulation of the market, and independent powers have been set up. Paradoxically this is a positive outcome of the Securities Scam of 1990-91.
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