Answermost likely a bad srs module
that is your air bag light
SRS is your safety restrait system probably your airbag sensors my 1992 has the same problem. the previous owner hit someone leaving damage to the front end. THE dealer should be able to reset it.
supplemental restraint system
By having the SRS repaired by a professional, who will reset the light. Do not attempt to repair yourself, as serious injury can occur when working on the SRS.
Check the fuses.
By having the SRS repaired.
There is no common reason. The light is on because there is a problem with the SRS (Air Bags). It can be many things. Working on the SRS can be very hazardous so this is best left to a professional.
The SRS light stays on when the airbag computer detects a malfunction and sets a code. The light can not be turned off until the malfunction is repaired.
There is a problem with the SRS. Take it to a dealer and have this checked into, ASAP.
YES.
When the failure that set the code in the computer is repaired the light will clear itself.