Question
Explain the reforms introduced in the capital market.
✓
Answer
Reforms introduced in the Capital Market are as follows :
- SEBI was established in 1988 and given statutory power in 1992 to protect interest of investors.
- NSE, the leading stock exchange in India was established in 1992.
- Introduction of Computerised Screen Based Trading System (SBTS).
- Introduction of Demat A/c in 1996 to facilitate easy purchase and sale of securities.
- Increased access to global funds, Indian companies was permitted through ADRs and GDRs.
- Investors Education and Protection Fund (IEPF) was created in 2001 to promote awareness among investors and protecting the interest of the investors.
Need a full question paper?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
Explore more
Similar questions
Explain determinants of supply.
Construct the index number by Paasche’s method.
Explain importance of elasticity of demand.
Explain the steps involved in the construction of index numbers.
Explain the expenditure method of measuring National Income.
Explain the types of Cross Elasticity of Demand.
What are the different methods of constructing Index numbers?
Classify the market on basis of place and explain.
Which are the types of Elasticity of Demand.
Explain GST (Goods and Service Tax) in detail.