New Whole-Time Member of market regulator SEBI

RBIs G Mahalingam appointed Whole-Time Member at Sebi

Question: Who has been appointed as the Whole-Time Member of market regulator SEBI?
(a) G. Ramalingam
(b) Gurumoorthy Mahalingam
(c) Dinesh Chnadra
(d) None of These
Ans: (b)
Related facts:

  • On 12 October 2016; RBI’s Executive Director Gurumoorthy Mahalingam was appointed as Whole-Time Member(WTM) of market regulator SEBI.
  • He has been appointed to the post for five years, or till the age of 65 years whichever is earliest.
  • He will replace Prashant Saran.
  • Besides Chairman, the Securities and Exchange Board of India (Sebi) can have three WTMs.
  • The existing WTMs are Rajeev Kumar Agarwal and S Raman.

Reference:
http://timesofindia.indiatimes.com/city/delhi/RBIs-G-Mahalingam-appointed-Whole-Time-Member-at-Sebi/articleshow/53673399.cms
http://www.sebi.gov.in/cms/sebi_data/about_us/Board.pdf