n NISM Certifications
VII NISM Series VII
Medium

The Investor Protection Fund is established by the ______.

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

Options

  1. Stock Exchanges

    Correct answer

  2. B

    SEBI

  3. C

    Stock Brokers

  4. D

    Clearing Members

Why this is the answer

Stock Exchanges maintain the Investor Protection Fund (IPF) to safeguard clients of defaulting trading members.

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