n NISM Certifications
XV NISM Series XV
Medium

As per SEBI (Research Analyst) Regulations 8, a research analyst who is a body corporate must have a net worth of at least ______.

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

Options

  1. A

    ₹1 lakh

  2. B

    ₹10 lakh

  3. ₹25 lakh

    Correct answer

  4. D

    ₹50 lakh

Why this is the answer

Regulation 8 mandates net worth requirements: individuals or partnerships must maintain ≥ ₹1 lakh in tangible assets, whereas a body corporate or LLP must maintain ≥ ₹25 lakh.

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