Economics · Economy
Why were the statutory powers and comprehensive reforms of the Securities and Exchange Board of India (SEBI) introduced in 1992?
- 1To strengthen capital market regulation and protect investors✓
- 2To regulate foreign commercial bank operations in India
- 3To directly control and manage the fiscal deficit of the Union
- 4To promote public sector monopolies in core industries
Correct answer
To strengthen capital market regulation and protect investors
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