Economics · Indian Financial System
Consider the following statements regarding the regulatory framework and specific instruments within the Indian financial system: 1. Highly rated corporates and Non-Banking Financial Companies (NBFCs) wishing to issue Commercial Paper (CP) are required to maintain a minimum credit rating of A2+. 2. The Nifty 50 index, which serves as the benchmark for the National Stock Exchange (NSE), was established with a base value of 1000 in November 1995. 3. Within the debt mutual fund category established by SEBI, specific sub-schemes include Banking & PSU Funds and Floater Funds. 4. SEBI's quasi-executive powers include the authority to perform search and seizure operations and the attachment of proceeds resulting from regulatory violations. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3 only
- 21, 2, 3 and 4✓
- 32, 3 and 4 only
- 41, 2 and 4 only
Correct answer
1, 2, 3 and 4
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