New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which government regulatory body oversees the regulation

    of financial influencers? 
    A RBI Correct Answer Incorrect Answer
    B SEBI Correct Answer Incorrect Answer
    C CCI Correct Answer Incorrect Answer
    D A & B Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    While there are no specific regulations from SEBI that address financial influencers, the Advertising Standard Council of India (ASCI), a voluntary, self-regulatory organisation, prescribes that upfront and prominent disclosures must be made by influencers on brand collaborations, advertisements, paid partnership or sponsorships for all such posts on all platforms. It also directs influencers to follow due diligence.

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