Who among the following was the Chairman of the Committee constituted

Who among the following was the Chairman of the Committee constituted by SEBI in April 2022 to review and make recommendations for further strengthening of governance norms at market infrastructure institutions?

G. Mahalingam

Sandip Bhagat

Uttam Bagri

J. N. Gupta

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UPSC CBI DSP LDCE – 2023

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The correct option is A) G. Mahalingam. In April 2022, the Securities and Exchange Board of India (SEBI) constituted an ad-hoc committee to review the governance norms at Market Infrastructure Institutions (MIIs) like stock exchanges, clearing corporations, and depositories. This committee was chaired by Shri G. Mahalingam, a former Whole-Time Member of SEBI.

– SEBI committee in April 2022 reviewed governance norms for MIIs.
– The committee was chaired by G. Mahalingam.

The review was undertaken in the context of various developments and incidents related to governance lapses at MIIs, aiming to suggest measures for further strengthening the governance structure and accountability.

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