SEBI: Securities and Exchange Board of India
SEBI Full Form
SEBI full form stands for Securities and Exchange Board of India. SEBI is the regulator of the Indian stock exchange and commodity market owned by the Indian government.
SEBI was established on April 12, 1988, and granted statutory powers through the 1992 SEBI Act on January 30, 1992. SEBI is governed by a Board of Directors, consisting of a Chairman, who is elected by Parliament, two Finance Ministry officials, one member of the Reserve Bank of India, and five members who are also elected by Parliament.
- The Securities and Exchange Commission of India (SEBI) was originally established in 1988 as an illegal agency to regulate the stock market.
- It became an independent institution on January 30, 1992, and gained statutory powers after the Indian Parliament passed the 1992 SEBI Act.
- It opened local offices in Jaipur and Bangalore during the 2013-2014 fiscal year and also opened offices in Guwahati, Bhubaneswar, Patna, Kochi, and Chandigarh.
- After the 1999 amendment, collective investment schemes were placed under SEBI, which included nidhis, chit, and cooperative funds.
What Is The Full Form Of SEBI?
SEBI full form stands for Securities and Exchange Board of India. The Securities and Exchange Commission of India (SEBI) is India’s leading regulated stock market, similar to the US Securities and Exchange Commission. The purpose of SEBI is to protect the interests of stock investors and promote the development of the stock market.
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