Which of the following agencies/bodies has asked all foreign funds to come forward and register themselves as Foreign Institutional Investors (FIIs) prior to any investment in India?
A
RBI
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B
SEBI
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C
IBA
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D
Registrar of Companies
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Solution
The correct option is B SEBI SEBI stands for Securities Exchange Board of India. It is known as the
regulator of the credit rating agencies in India. It is established by
the Act of Parliament to protect the interests of investors in securities, to promote the development of and to regulate the securities market. It has asked all the foreign funds to come forward and register themselves as Foreign Institutional Investors prior to any investment in India.