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When did the Securities Contracts Regulation Act come into force meaning when was it implemented after its proposal?

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When did the Securities Contracts Regulation Act come into force meaning when was it implemented after its proposal?
1). February 20, 1956
2). February 20, 1957
3). March 20, 1957
4). April 20, 1957


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The Securities Contracts Regulation Act was proposed in 1956, also known as the SCRA is an act of the Parliament of India enacted to prevent undesirable exchange in securities and to control the working  of stock exchange in India. It came into force on February 20, 1957.

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