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Which regulatory body has restructured its advisory committee on mutual funds in June 2022?
  • a)
    Insurance Regulatory and Development Authority
  • b)
    Securities and Exchange Board of India (SEBI)
  • c)
    Reserve Bank of India (RBI)
  • d)
    Competition Commission of India (CCI)
  • e)
    None of the above
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Which regulatory body has restructured its advisory committee on mutu...
The correct answer is ?Securities and Exchange Board of India (SEBI).
Key Points
  • Markets regulator Securities and Exchange Board of India (SEBI) has restructured its advisory committee on mutual funds.
  • The 25-member advisory committee will be chaired by former Deputy Governor of the Reserve Bank of India (RBI) Usha Thorat.
  • The committee’s mission is to advise SEBI on problems relating to mutual fund regulation and development.
  • Additional Information
  • The Centre on 9 March 2022 filled the five-month vacant post of the whole-time member at SEBI by appointing banker Ashwani Bhatia.
  • He is currently serving as the Managing Director-stressed assets and Information Technology at State Bank of India.
  • The Securities and Exchange Board of India (SEBI) has set up an Advisory Committee for Leveraging Regulatory and Technology Solutions (ALeRTS) to enhance technological capabilities and explore suitable technology solutions for the early detection of market anomalies.
  • Securities and Exchange Board of India:
  • Founded: 12 April 1992.
  • Headquarters: Mumbai.
  • Agency Executive: Madhabi Puri Buch (As of June 2022).
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Which regulatory body has restructured its advisory committee on mutual funds in June 2022?a)Insurance Regulatory and Development Authorityb)Securities and Exchange Board of India (SEBI)c)Reserve Bank of India (RBI)d)Competition Commission of India (CCI)e)None of the aboveCorrect answer is option 'B'. Can you explain this answer?
Question Description
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