As of August 2019, who is the Chairman of SEBI?

This question was previously asked in
Telangana High Court Junior Assistant Official Paper 11 Sept 2022
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  1. M Damodaran
  2. UK Sinha
  3. CB Bhave
  4. Ajay Tyagi

Answer (Detailed Solution Below)

Option 4 : Ajay Tyagi
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Detailed Solution

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The correct answer is Ajay Tyagi.

Key Points

  • Ajay Tyagi was appointed as the Chairman of the Securities and Exchange Board of India (SEBI) in March 2017.
  • He succeeded UK Sinha to become the SEBI Chairman.
  • His term was initially for three years, but it was extended multiple times, making him the chairman as of August 2019.
  • Under his leadership, SEBI undertook various reforms to enhance transparency and investor protection in the financial markets.

Additional Information

  • M Damodaran: M Damodaran served as the SEBI Chairman from 2005 to 2008. He was known for his efforts to enhance corporate governance and investor protection.
  • UK Sinha: UK Sinha was the SEBI Chairman before Ajay Tyagi, serving from February 2011 to March 2017. He implemented significant regulatory reforms during his tenure.
  • CB Bhave: CB Bhave served as SEBI Chairman from 2008 to 2011. He focused on market infrastructure development and regulatory mechanisms.
  • SEBI: The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. It was established in 1988 and given statutory powers through the SEBI Act, 1992.
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