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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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