SEBI received statutory recognition in 1992, influenced by the recommendations for financial sector reforms, particularly those made by the Narasimham Committee.
The SEBI was given statutory recognition in 1992 on the recommendation of
Asked in WBPSC CS Prelims 2017 · Topic: Money & Banking (Banking Sector Reforms: Basel Norms, Asset Quality Review (AQR), and NPA Management)
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