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      Question

      Which organisation backed the National Institute of

      Securities Markets (NISM) that signed an MoU with IICA in May 2026?
      A Reserve Bank of India Correct Answer Incorrect Answer
      B Ministry of Finance Correct Answer Incorrect Answer
      C Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer
      D NABARD Correct Answer Incorrect Answer
      E IRDAI Correct Answer Incorrect Answer

      Solution

      NISM (National Institute of Securities Markets) is backed by SEBI. In May 2026, NISM signed an MoU with IICA (Indian Institute of Corporate Affairs), which works under the Ministry of Corporate Affairs. The MoU was signed in the presence of Tuhin Kanta Pandey, Chairman of SEBI, in Mumbai. The collaboration focuses on corporate governance, ESG practices, and capital markets, including joint certification courses and training for SEBI officers.

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