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SEBI (Securities and Exchange Board of India) plays a central role in regulating stock exchanges and maintaining an efficient, transparent and fair securities market in India. It was established in 1988 and received statutory powers under the SEBI Act, 1992. Its primary objective is to protect investors, promote the development of the securities market and regulate its functioning. SEBI supervises stock exchanges such as the Bombay Stock Exchange (BSE) and __________ _________ ___ ___ _______ _________ ______ ______ ______ ___.
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