Consider the following statements about the Securities and Exchange Board of India (SEBI):1. SEBI is an executive body established in 1992, under the Ministry of Finance.2. Securities Appellate Tribunal (SAT), acts as an appellate to protect the interest of entities that feel aggrieved by SEBI’s decision.Which of the above statement(s) is/are incorrect?

Consider the following statements about the Securities and Exchange Bo

1.	Consider the following statements about the Securities and Exchange Board of India (SEBI):1. SEBI is an executive body established in 1992, under the Ministry of Finance.2. Securities Appellate Tribunal (SAT), acts as an appellate to protect the interest of entities that feel aggrieved by SEBI’s decision.Which of the above statement(s) is/are incorrect?
A.	1 only
B.	2 only
C.	Both 1 and 2
D.	None of the above
Answer» B. 2 only