NISM Certifications · NISM-Series-X-A: Investment Adviser (Level 1) · Key Regulations
Which of the following best describes the qualification for registration as an individual investment adviser under the SEBI (Investment Advisers) Regulations?
An individual investment adviser needs a specified post-graduate or professional qualification in a finance-related field, the required NISM certification and the prescribed experience. A certificate alone or a plain graduation without certification and experience does not satisfy the registration norms.
- AOnly a professional qualification in finance, with no NISM certification needed
- BA post-graduate or equivalent qualification in a specified finance-related field, plus NISM certification and prescribed experienceCorrect
- CAny graduate with no certification or experience
- DOnly a NISM certificate without any educational qualification
Explanation
An individual applicant needs a specified professional or post-graduate qualification in finance-related areas, along with the NISM certifications and the prescribed years of experience. NISM certification is mandatory, and relevant education and experience are also required, so the other options are incomplete.
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