Multiple choice

Which of the following financial products are not licensed to be marketed by Financial Service Executives?

  1. Pension products regulated by PFRDA

  2. Banking/financial products of banks/NBFC regulated by RBI

  3. Non-insurance products offered by Department of Posts, Government of India

  4. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

To distribute by engaging Financial Service Executives (FSE) who are individuals licensed to market, distribute and service such other financial products namely:

a. mutual funds of mutual fund companies regulated by SEBI; b. pension products regulated by PFRDA; c. other financial products distributed by SEBI licensed Investment Advisors; d. banking/ financial products of banks/ NBFC regulated by RBI; e. non-insurance products offered by Department of Posts, Government of India; f. any other financial product or activity permitted by the Authority from time to time.

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