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    As of October 2020, who was the Chairman of the Securities and Exchange Board of India (SEBI)?
    Question

    As of October 2020, who was the Chairman of the Securities and Exchange Board of India (SEBI)?

    A.

    M Damodaran

    B.

    UK Sinha

    C.

    Ajay Tyagi

    D.

    DR Mehta

    Correct option is C

    The correct answer is option (C) Ajay Tyagi

    • As of October 2020, Ajay Tyagi was the Chairman of the Securities and Exchange Board of India (SEBI).
    • He took over as the Chairman of SEBI in March 2017 and served in this role to oversee the regulation of the securities markets in India, focusing on investor protection, market integrity, and enhancing the efficiency of the Indian financial markets.
    • SEBI is the regulatory authority for securities and capital markets in India, established in 1988 and given statutory powers in 1992.
    • The headquarters of SEBI is located in Mumbai, Maharashtra.​

    Information Booster :-

    • M Damodaran served as the Chairman of SEBI from 2005 to 2008. He played a crucial role in shaping the Indian capital market during his tenure.
    • UK Sinha was the Chairman of SEBI from 2011 to 2017. He was instrumental in various reforms to strengthen market regulations and ensure better transparency.
    • DR Mehta was the first full-time Chairman of SEBI, serving from 1995 to 2002. He was instrumental in establishing SEBI as a regulatory authority for the Indian securities market.

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