NISM Certifications · NISM-Series-X-A: Investment Adviser (Level 1) · Key Regulations
Which of the following is a qualification or certification requirement for an individual to be registered as an investment adviser under the SEBI Investment Advisers Regulations, 2013?
An individual seeking registration as an investment adviser must hold a specified professional qualification or post-graduate degree in a finance-related discipline, have the stipulated relevant experience, and pass the NISM Investment Adviser certifications. A general graduation degree or an unrelated credential does not satisfy the regulations.
- AProfessional qualification or post-graduate degree in a specified financial discipline, with five years' relevant experience, and NISM certificationCorrect
- BOnly a graduation degree in any stream without experience or certification
- CA certificate from a stock exchange as a trading member
- DOnly a bachelor's degree in law with ten years of court experience
Explanation
Individual advisers need a specified professional qualification or post-graduate degree/diploma in finance-related disciplines, with relevant experience, along with NISM certification (X-A and X-B). The other options omit these requirements or name unrelated credentials.
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