Question:hard

D R Mehta is the former chairman of

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D R Mehta headed India's stock market regulator through the late 1990s and early 2000s.
Updated On: Jul 13, 2026
  • SBI
  • Maruti Udyog Ltd (MUL)
  • Sebi
  • none of these
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The Correct Option is C

Solution and Explanation

This question checks which regulator D R Mehta headed. Let's look at each option in turn.

  1. SBI: State Bank of India has its own separate line of chairmen drawn from the banking cadre; D R Mehta was not one of them.
  2. Maruti Udyog Ltd (MUL): MUL's leadership came from the Suzuki group and the Indian government's nominee directors, not from D R Mehta.
  3. Sebi: D R Mehta served as Chairman of the Securities and Exchange Board of India from 1995 to 2002. During his term, SEBI gained wider powers to regulate stock markets and crack down on irregularities. This fits.
  4. None of these: Since Sebi is a listed and correct option, this choice does not apply.

So D R Mehta is correctly identified with Sebi.

Let's summarize:

  • D R Mehta headed Sebi, India's stock market regulator, for a seven year term starting 1995.
  • He is not connected to SBI or Maruti Udyog Ltd.

The right answer is option (3), Sebi.

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