Question

Who formulates policies and regulations for Mutual Funds in India?

a.

Reserve Bank of India (RBI)

b.

Securities and Exchange Board of India (SEBI)

c.

Ministry of Finance

d.

National Stock Exchange (NSE)

Answer: (b).Securities and Exchange Board of India (SEBI) Explanation:SEBI formulates policies and regulations for Mutual Funds to protect the interests of investors.

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Q. Who formulates policies and regulations for Mutual Funds in India?

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