The correct answer is D. 1988.
The Securities and Exchange Board of India (SEBI) Act was enacted by the Parliament of India on 12 April 1988. The Act was enacted to protect the interests of investors in securities and to promote the development of, and to regulate, the securities market in India.
The SEBI Act provides for the establishment of the Securities and Exchange Board of India (SEBI), which is a statutory body that is responsible for regulating the securities market in India. The SEBI Act also provides for the regulation of stock exchanges, brokers, and other intermediaries in the securities market.
The SEBI Act has been amended several times since it was enacted in 1988. The most recent amendment to the SEBI Act was made in 2015. The 2015 amendment to the SEBI Act, among other things, introduced new provisions for the regulation of initial public offerings (IPOs) and secondary market trading.
The SEBI Act is a significant piece of legislation that has played a major role in the development of the securities market in India. The Act has helped to protect the interests of investors, promote the development of the securities market, and regulate the securities market in India.
The other options are incorrect.
Option A, 1956, is incorrect because the Securities and Exchange Board of India (SEBI) Act was not enacted in 1956. The SEBI Act
was enacted in 1988.Option B, 1962, is incorrect because the Securities and Exchange Board of India (SEBI) Act was not enacted in 1962. The SEBI Act was enacted in 1988.
Option C, 1971, is incorrect because the Securities and Exchange Board of India (SEBI) Act was not enacted in 1971. The SEBI Act was enacted in 1988.