Question

The regional offices of Securities and Exchange Board of India (SEBI) is not located in which one of the following location?

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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