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WBCS Main Examination 2023 — Paper V: Indian Constitution and Economy · Question 188 of 200

Q188
Indian EconomyMoney, Banking & Financial Institutions
Securities and Exchange Board of India was established on
  1. a.July 12, 1982
  2. b.April 12, 1988
  3. c.July 9, 1988
  4. d.April 5, 1995

Answer: (B) April 12, 1988

SEBI was set up as a non-statutory body on 12 April 1988 and given statutory powers by the SEBI Act on 30 January 1992. 12 July 1982 is the date NABARD was set up, which makes (A) a tempting wrong option.