SEBI merged Foreign Institutional Investors and Qualified Foreign Investors into a single class of Foreign Portfolio Investors in which year?
- A.2010
- B.2012
- C.2014
- D.2016
Show answer
The correct answer is C, 2014, when the SEBI Foreign Portfolio Investors Regulations came into force and the three older categories, namely foreign institutional investors, their sub-accounts and qualified foreign investors, were merged into one class registered in risk-based tiers.
Read the full explanation →