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    Question

    Which of the following statement/s is/are correct

    regarding Securities and exchange board of India?         I.            It was established by an act of the parliament.       II.            It’s headquarter is located in Hyderabad.     III.            It comes under the Ministry of finance.
    A Only I and II are correct Correct Answer Incorrect Answer
    B Only III is correct Correct Answer Incorrect Answer
    C Only I and III are correct Correct Answer Incorrect Answer
    D All are correct. Correct Answer Incorrect Answer

    Solution

    It was established without any act in 1988 , later in 1993 an act was passed, its headquarter is located in Mumbai, and comes under Ministry of finance. 

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