Which one of the following statements is correct

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Which one of the following statements is correct?

A. SEBI has been constituted under the Securities (Contract and Regulation) Act, 1956

B. SEBI is constituted from amongst the directors of various stock exchanges

C. The purpose of issuing different types of rules and regulations by SEBI is to bring monetary gains to investors

D. One of the object of setting up SEBI is to protect the interests of investors

Answer: Option D

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