n NISM Certifications
V-A NISM Series V-A
Medium

Securities and Exchange Board of India (SEBI) functions do not include which of the following?

Practice question from NISM Series V A - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Regulation of Stock Exchanges

  2. B

    Enforcing compliance of its regulations

  3. C

    Making regulations for the Mutual Fund industry

  4. Approving the fund managers which have been appointed by the AMC

    Correct answer

Why this is the answer

SEBI does not approve individual fund managers appointed by the AMC. SEBI's role includes regulating the stock exchanges, ensuring compliance, and regulating the mutual fund industry.

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