Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Question:

The mutual funds industry in India is regulated by which of the following organisations?

Options:

IRDA and IFCI

SEBI and RBI

NITI Aayog and IIFCL

Ministry of Commerce and SIDBI

Correct Answer:

SEBI and RBI

Explanation:

The correct answer is Option (2) → SEBI and RBI

The mutual funds industry in India is regulated by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI). Therefore, the correct option from the ones provided is: ☀ SEBI and RBI