Question:
Which of the following is the regulator of the credit rating agencies in India ?
ARBI
BSEBI
CSBI
DICRA
Answer:
B. SEBI
Explanation:
SEBI
- SEBI regulates the credit rating agencies under the SEBI (Credit Rating Agencies) Regulations, 1999 of the Securities and Exchange Board of India Act, 1992. In fact, SEBI was one of the first few regulators, globally, to put in place an effective and comprehensive regulation for Credit Rating Agencies.