The headquarters of SEBI is located in which city?
- A.New Delhi
- B.Mumbai
- C.Kolkata
- D.Chennai
Correct answer
Explanation
The correct answer is B, Mumbai. SEBI has its head office in Mumbai, at the Bandra Kurla Complex, which places the regulator in the same city as the Bombay Stock Exchange, the National Stock Exchange and the Reserve Bank of India, making Mumbai the financial capital of the country. Options A, C and D are wrong as the head office, but each is a regional office of SEBI: New Delhi for the northern region, Kolkata for the eastern region and Chennai for the southern region, with Ahmedabad serving the west. Questions sometimes ask which of the four is not a regional office, so learn all four together. Note also that the Board has a Chairman, two members from Union ministries dealing with finance and company law, one member from the Reserve Bank and five members appointed by the Union Government.
Read the full article: Capital Market, SEBI and Stock Exchanges in India
Practice Questions
View allIn which of the following years was the Securities and Exchange Board of India (SEBI) established by the government of India to protect the interests of investors in securities and to promote and regulate the securities market?
- A.1992
- B.1999
- C.1987
- D.1985
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SEBI first appeared in April 1988 as an administrative arrangement with no legal powers, and it became a statutory regulator when the Securities and Exchange Board of India Act was passed in 1992; the words quoted in the question are taken from the preamble of that Act, which speaks of…
Read the full explanation →Which is the oldest stock exchange in Asia?
- A.National Stock Exchange
- B.Bombay Stock Exchange
- C.Calcutta Stock Exchange
- D.Madras Stock Exchange
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It was founded in 1875 as the Native Share and Stock Brokers’ Association, grew out of brokers meeting under a banyan tree in Bombay, and is the oldest stock exchange in Asia; it now stands on Dalal Street and its benchmark index is the Sensex.
Read the full explanation →How many companies make up the BSE Sensex?
- A.20
- B.30
- C.50
- D.100
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The Sensex, or Sensitive Index, of the Bombay Stock Exchange is built from thirty large, well established and actively traded companies drawn from the main sectors of the economy, and it is weighted by free-float market capitalisation.
Read the full explanation →The base year of the BSE Sensex is:
- A.1950-51
- B.1978-79
- C.1993-94
- D.2011-12
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The Sensex was compiled backwards to 1978-79 and that year was given a base value of 100, so the index number states how many times the market value of its thirty constituents has grown since then.
Read the full explanation →The money market in India is regulated by which authority?
- A.SEBI
- B.The Reserve Bank of India
- C.The Ministry of Corporate Affairs
- D.IRDAI
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The money market deals in short-term funds of up to one year, through treasury bills, commercial paper, certificates of deposit and call money, and the Reserve Bank regulates it as part of its control over credit and liquidity.
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