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: SEBI stands for the Securities and Exchange Board of India, the regulatory body for the securities market. 📚 Other Information: ▪️ It was established in 1988 and given statutory status through the SEBI Act, 1992. ▪️ Headquarters: Mumbai, Maharashtra. ▪️ Its main objective is to protect investors’ interests and ensure fair trading practices in the securities market. ▪️ SEBI regulates stock exchanges, brokers, and mutual funds. ▪️ It monitors insider trading and fraudulent practices. ▪️ It has the power to register and regulate market intermediaries. ▪️ The current Chairperson (as of 2025) is Madhabi Puri Buch, the first woman head of SEBI. ▪️ SEBI plays a vital role in maintaining transparency and efficiency in India’s capital markets.