n NISM Certifications
VII NISM Series VII
Medium

______ has issued stringent rules and regulations pertaining to research-based advisory services provided by broking houses.

Practice question from NISM Series VII Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    IRDA

  2. B

    AMFI

  3. SEBI

    Correct answer

  4. D

    RBI

Why this is the answer

SEBI governs research-based investment advisory services under the SEBI (Research Analysts) Regulations, 2014, ensuring transparency and accountability in brokerage research.

Test yourself for real

Take a full NISM Series VII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.