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Question

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.

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