Q138
Indian Economy
The SEBI was given statutory recognition in 1992 on the recommendation of
- a.the Chakravarty Commission
- b.the Chelliah Committee
- c.the Tendulkar Committee
- d.the Narasimham Committee
Answer: (D) the Narasimham Committee
The Narasimham Committee (1991) on financial sector reforms recommended strengthening SEBI's regulatory powers, which was implemented through the SEBI Act, 1992.