Question

In India, credit agencies engaged in rating securities offered by public or rights issue must obtain a license from:

a.

Securities and Exchange Board of India (SEBI)

b.

Reserve Bank of India (RBI)

c.

Insurance Regulatory and Development Authority of India (IRDAI)

d.

Ministry of Finance, Government of India

Answer: (a).Securities and Exchange Board of India (SEBI) Explanation:Credit agencies in India are required to obtain a license from the Securities and Exchange Board of India (SEBI) if engaged in the business of rating securities offered by public or rights issue. This indicates the regulatory authority responsible for overseeing credit rating activities in India.

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Q. In India, credit agencies engaged in rating securities offered by public or rights issue must obtain a license from:

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