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Options
- A
AMFI along with SEBI regulates the mutual funds in India
- B
The two stock exchanges NSE and BSE regulate the open-end mutual fund schemes
-
SEBI regulates the mutual funds in India
Correct answer
- D
RBI along with SEBI regulate the bank-sponsored mutual funds in India
Why this is the answer
SEBI (Securities and Exchange Board of India) is the sole regulatory body for mutual funds in India, ensuring their transparency and investor protection. AMFI (Association of Mutual Funds in India) is a self-regulatory body, but it does not directly regulate mutual funds. The RBI does not regulate mutual funds, but only regulates bank-sponsored mutual funds.
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