in the last last held security law question paper there was a question;
mutual fund is regulated by ------------
i wrote 'securities and exchange board of india' instead of 'sebi mutual fund(regulations)2009'
can i get mark for that?
regards.
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Answer correct or not
Replies (4)
U R right............ u will definately get marks
The Securities and Exchange Board of India (SEBI) is the regulator for Mutual Funds in India. Your answer is correct.
The SECURITIES AND EXCHANGE BOARD OF INDIA (MUTUAL FUNDS) (AMENDMENT) REGULATIONS, 2009, is not the Regulator. It is a regulation that controls certain procedures and contains a set of rules that have legal connotations.
The following are five major financial regulatory bodies in India:-
(A) Statutory Bodies via parliamentary enactments:
Securities and Exchange Board of India
Insurance Regulatory and Development Authority
(B) Part of the Ministries of the Government of India :
Forward Market Commission India (FMC)
PFRDA under the Finance Ministry
ya its correct.. u will get the marks...
Thank you All
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