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WBCS Preliminary Examination 2017 — General Studies · Question 138 of 200

Q138
Indian Economy
The SEBI was given statutory recognition in 1992 on the recommendation of
  1. a.the Chakravarty Commission
  2. b.the Chelliah Committee
  3. c.the Tendulkar Committee
  4. 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.