Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Financial Markets

Question:

Identify the cities in which SEBI has opened regional offices.

Options:

Delhi, Chennai and Kolkata

Chennai, Bhubaneshwar, Delhi and Mumbai

Ahmedabad, Pune, Delhi and Mumbai

Bhadrak, Kolkata, Delhi and Mumbai

Correct Answer:

Delhi, Chennai and Kolkata

Explanation:

The correct answer is Option (1) - Delhi, Chennai and Kolkata

The Securities and Exchange Board of India (SEBI) was established by the Government of India on 12 April 1988 as an interim administrative body to promote orderly and healthy growth of securities market and for investor protection. It was to function under the overall administrative control of the Ministry of Finance of the Government of India. SEBI has opened regional offices in Kolkalta, Chennai, and Delhi to attend to investor complaints and liaise with the issuers, intermediaries and stock exchanges in the concerned region.