Multiple choice

Which of the following organisations has created an ‘Investor Protection Fund’, which is funded by fines and penalties collected by the organisation itself from various clients?

  1. SEBI

  2. RBI

  3. IRDA

  4. AMFI

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

SEBI (Securities and Exchange Board of India) established the Investor Protection and Education Fund (IPEF) to protect the interests of investors. This fund is primarily financed through penalties, fines, and unclaimed dividends collected by the regulator and exchanges.