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    Question

    SEBI Chairman is appointed

    by?
    A Appropriate Government. Correct Answer Incorrect Answer
    B Central Government Correct Answer Incorrect Answer
    C Manager of RBI. Correct Answer Incorrect Answer
    D The President on advice of Central Government Correct Answer Incorrect Answer
    E The President on advice of Reserve Bank of India and 3 whole time members of SEBI. Correct Answer Incorrect Answer

    Solution

    As per s.4 of SEBI Act. Management of the Board. (4) The Chairman and members referred to in clauses (a) and (d) of sub-section (1) shall be appointed by the Central Government and the members referred to in clauses (b) and (c) of that sub-section shall be nominated by the Central Government and the 9[Reserve Bank] respectively.

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