n NISM Certifications
XV NISM Series XV
Medium

As per SEBI (Research Analyst) Regulations, 2014, a research analyst who is an individual or partnership firm must have net tangible assets of __________.

Practice question from NISM XV Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Not less than Rs. 1 lakh

    Correct answer

  2. B

    Not less than Rs. 5 lakhs

  3. C

    Not less than Rs. 10 lakhs

  4. D

    Not less than Rs. 15 lakhs

Why this is the answer

SEBI Regulation 8 mandates individual or partnership research analysts maintain at least Rs. 1 lakh in tangible net assets.

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