Current Affairs - 2021

Which institution has been granted powers to supervise the ‘Registered investment advisers (RIAs)’?
A)
BSE Administration and Supervision Ltd
B)
AMFI
C)
IFSCA
D)
Reserve Bank of India

Correct Answer :   BSE Administration and Supervision Ltd


BSE Administration and Supervision Ltd (BASL) is a subsidiary of BSE (Bombay Stock Exchange) Ltd. The Securities and Exchange Board of India (SEBI) has appointed BASL to grant recognition to registered investment advisers (RIAs) and supervise them. At present, these functions are discharged directly by SEBI.

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