Consider the following statements with respect to the SEBI Board.

October 1, 2021

UPSC Daily Current Affairs Quiz 1 October 2021

Consider the following statements with respect to the SEBI Board.

1. Recently, SEBI has approved frameworks for gold and Social Stock Exchanges.

2. The headquarters of SEBI are in Mumbai, Maharashtra.

Choose the correct statement/s.

A. 1 Only

B. 2 Only

C. Both 1 & 2

D. None

Answer: Both 1 & 2

Explanation:

Securities Exchange Board of India (SEBI) has approved the frameworks for gold exchange and Social Stock Exchange. The market regulator SEBI also approved amendments to delisting framework for equity shares at the board meeting held in Mumbai.

SEBI is the regulatory body for securities and commodity market in India under the jurisdiction of Ministry of Finance, Government of India. It was established on 12 April 1988 and given Statutory Powers on 30 January 1992 through the SEBI Act, 1992. The headquarters of SEBI are in Mumbai, Maharashtra.

UPSC Daily Current Affairs Quiz Test 1 October 2021 Click Here