n NISM Certifications
X NISM Series X
Medium

A person cannot register a complaint on SCORES against a/an ______.

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Insurance company

    Correct answer

  2. B

    Depository

  3. C

    Venture Capital Fund

  4. D

    Mutual fund distributor

Why this is the answer

Insurance companies are regulated by IRDAI and not by SEBI, hence complaints against insurance companies cannot be registered on SCORES.

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