Question

Which regulatory body is responsible for regulations and circulars governing the issues of ADR, GDR, FCCB, and FCEB?

a.

Ministry of Finance, Govt. of India

b.

Securities and Exchange Board of India (SEBI)

c.

Reserve Bank of India (RBI)

d.

Ministry of Corporate Affairs

Answer: (a).Ministry of Finance, Govt. of India Explanation:The Ministry of Finance, Govt. of India, has regulations and circulars governing the issues of ADR, GDR, FCCB, and FCEB.

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Q. Which regulatory body is responsible for regulations and circulars governing the issues of ADR, GDR, FCCB, and FCEB?

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