Multiple choice general knowledge history

Which of the following organization/agencies has established a fund known as ” investor production fund” ?

  1. (A) SEBI

  2. (B) NABARD

  3. (C) Bombay stock exchange

  4. (D) AMFI

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Bombay Stock Exchange (BSE) established the Investor Protection Fund (IPF) to compensate investors in case of default by trading members. The fund is maintained by BSE and provides coverage to investors if a member broker fails to meet their obligations, protecting small investors from broker defaults.