Which statutory regulator was established in 1988 and conferred full statutory powers in 1992 to protect investor interests and regulate Indian securities markets?

Options:

  • A: Reserve Bank of India (RBI)
  • B: Securities and Exchange Board of India (SEBI)
  • C: Insurance Regulatory and Development Authority (IRDAI)
  • D: Pension Fund Regulatory and Development Authority (PFRDA)

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