Which of the following statement(s) is/are correct about the ‘Securities and Exchange Board of India’?
1. It is a non-statutory body set up under the Securities and Exchange Board of India Act, 1992.
2. It has representatives from the Union Ministries of Finance and Law as well as a member from the RBI.
3. It registers the stock exchanges, merchant banks, mutual funds, apart from conducting the audit of stock exchanges.
Select the correct codes from below -