Question : The Securities and Exchange Board of India is located in:
Option 1: Mumbai
Option 2: Kolkata
Option 3: Indore
Option 4: Chandigarh
Correct Answer: Mumbai
Solution : The correct answer is Mumbai .
Under the Securities and Exchange Board of India Act, 1992, the Government of India formed the Securities and Exchange Board of India on April 12, 1992, with the dual goals of regulating and advancing the securities market and safeguarding the interests of investors in securities. The Securities and Exchange Board of India (SEBI), which has its main office in Mumbai, also maintains four regional offices: Ahmedabad, Chennai, Delhi and Kolkata.
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