The Securities and Exchange Board of India was given statutory powers by which law?
- A.The Securities Contracts (Regulation) Act, 1956
- B.The Companies Act, 1956
- C.The SEBI Act, 1992
- D.The Depositories Act, 1996
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SEBI was set up in 1988 as a non-statutory body and was given statutory status and powers by the Securities and Exchange Board of India Act, 1992, after which it became the regulator of the securities market, with its head office in Mumbai; appeals from its orders lie to the…
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