The SEBI was given a statutory status in the year _______.

1990

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1991

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1992

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1993

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Solution

The correct option is C 1992
The SEBI was given a statutory status in the year 1992. It was set up to regulate the functions of securities market. SEBI is a body corporate having a separate legal existence and perpetual succession. SEBI promotes orderly and healthy development in the stock exchange market.

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