WBCS.LIVE practice question

SEBI stands for the

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. State Earnings Board of India
  2. Securities and Exchange Bank of India
  3. Securities and Exchange Board of India
  4. State Exchange Bank of India

Correct answer and explanation

Correct answer: Securities and Exchange Board of India

Explanation: āœ… Correct Answer: C. Securities and Exchange Board of India šŸ“š Explanation: SEBI stands for the Securities and Exchange Board of India. It was established in 1988 and given statutory powers in 1992 to regulate the Indian securities market. The primary role of SEBI is to protect the interests of investors and to promote the development of the stock market. It ensures transparency and fairness in all financial trading activities in the country.