2 years ago in Daily GK Current Affairs

Which of the following is NOT true regarding FPIs?

[A] KYC norms for FPIs are regulated by RBI
[B] NRIs, Overseas Citizens of India (OCI) and resident Indians cannot be beneficial owners of FPIs
[C] NRIs and OCIs can only obtain an FPI licence when they limit their roles to investment advisors.
[D] All of the above
[E] None of the above
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Answers

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Canica Roger
Canica Roger - 2 years ago

Canica Roger from New Delhi, India is saying All of the above is correct answer

Ranjit Kumar Prusty
Ranjit Kumar Prusty - 2 years ago

Ranjit Kumar Prusty from Pune, India is saying All of the above is correct answer

Anand Tiwari
Anand Tiwari - 2 years ago

Anand Tiwari from Mumbai, India is saying All of the above is correct answer

Sayed badruzama
Sayed badruzama - 2 years ago

Sayed badruzama from Mumbai, India is saying KYC norms for FPIs are regulated by RBI is correct answer

Nazia Sayed
Nazia Sayed - 2 years ago

Nazia Sayed from Mumbai, India is saying All of the above is correct answer

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