Question

All mutual funds in India must be compulsorily registered with which organization?

A IRDA Correct Answer Incorrect Answer
B SEBI Correct Answer Incorrect Answer
C RBI Correct Answer Incorrect Answer
D SIDBI Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Mutual funds are compulsorily registered with Securities Exchange Board of India (SEBI). SEBI is the regulator for the securities market in India. It was established in the year 1988 and given statutory powers on 30 January 1992 through the SEBI Act 1992.

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