CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Securities and Exchange Board of India (SEBI) has signed a MoU for mutual co-operation and technical assistance with Financial Services Regulatory Authority (FSRA) of which country
A
Saudi Arabia
B
Abu Dhabi
C
Iran
D
Afghanistan
Explanation: 

Detailed explanation-1: -Controller of Capital Issues was the regulatory authority before SEBI came into existence; it derived authority from the Capital Issues (Control) Act, 1947.

Detailed explanation-2: -Key Takeaways. The Securities and Exchange Board of India (SEBI) is the leading regulator securities markets in India, analogous to the Securities and Exchange Commission in the U.S.

Detailed explanation-3: -The objectives of SEBI are – to protect the interest of investors in securities and to promote the development of and to regulate the securities market. As far as mutual funds are concerned, SEBI formulates policies and regulates the mutual funds to protect the interest of the investors.

There is 1 question to complete.