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Government policies for business growth

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Q.1) Who was the regulatory body for controlling financial affairs in India before SEBI?

Correct

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Correct

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Before the establishment of SEBI (Securities and Exchange Board of India) in 1992, the regulatory body for controlling financial affairs in India was the Controller of Capital Issues (CCI).

Therefore, option (a) is the correct answer. The CCI was responsible for regulating the issuance and pricing of securities in the Indian market. However, the CCI was replaced by SEBI to enhance the regulatory framework of the Indian securities market and to provide a more effective and efficient regulatory mechanism.
ans: (a)

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