Q: Elaborate about the Securities and Exchange Board of India ?

Ans: The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the ownership of Ministry of Finance within the Government of India. It was established on 12 April 1988 as an executive body and was given statutory powers on 30 January 1992 through the SEBI Act, 1992.

Keywords used: 

Regulatory: serving or intended to regulate something.

Statutory: required, permitted, or enacted by statute.

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