Question: Recently who has been appointed as the new chairman of Securities and Exchange Board of India (Sebi)?
(a) Narendra Tyagi
(b) Ajay Tyagi
(c) Shaktikanta Das
(d) Arundhati Bhattacharya
Ans:(b)
Related facts:
- On 10 February 2017; the government appointed Ajay Tyagi, additional secretary in the finance ministry, as the new chairman of Securities and Exchange Board of India (Sebi).
- He will take over from U K Sinha on March 1, 2017.
- He has been appointment for a period not exceeding five years or till the age of 65 years.
- He is a 1984 batch IAS officer of Himachal Pradesh cadre, is at present Additional Secretary (Investment) in the Department of Economic Affairs and handles capital market, among others.
- The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India.
- It was established in the year 1988 and given statutory powers on 30 January 1992 through the SEBI Act, 1992
SEBI has its headquarters in Mumbai, Maharashtra.
Reference:
http://timesofindia.indiatimes.com/business/india-business/ajay-tyagi-appointed-as-new-chairman-of-sebi-to-take-charge-on-march-1/articleshow/57089839.cms
http://www.business-standard.com/article/markets/senior-ias-officer-ajay-tyagi-appointed-sebi-chief-for-five-years-117021000938_1.html