Phase IFoundation
Background
Overview
SEBI is the apex regulator of India's capital markets, crucial for understanding financial sector governance, investor protection mechanisms, and economic stability. Its functions and powers are frequently tested in UPSC examinations.
SEBI is the statutory regulatory body for the securities market in India, established in 1988 and given statutory powers in 1992 through the SEBI Act, 1992. Its primary objectives include protecting the interests of investors in securities, promoting the development of the securities market, and regulating the securities market.