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    Question

    The regional offices of Securities and Exchange Board

    of India (SEBI) is not located in which one of the following locations?
    A Ahmedabad Correct Answer Incorrect Answer
    B Kolkata Correct Answer Incorrect Answer
    C Chennai Correct Answer Incorrect Answer
    D Delhi Correct Answer Incorrect Answer
    E Lucknow Correct Answer Incorrect Answer

    Solution

    • The headquarters of SEBI is situated in Mumbai. The regional offices of SEBI are located in Ahmedabad, Kolkata, Chennai and Delhi.
    • In April, 1988 the SEBI was constituted as the regulator of capital markets in India under a resolution of the Government of India.
    • Initially SEBI was a non-statutory body without any statutory power.
    • It became autonomous and given statutory powers by SEBI Act 1992.

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