India’s market regulator SEBI is on course to relax investment norms for sovereign wealth funds, the investment vehicles which are directly controlled by the government of a country. The main reason behind this move is
A. The desire of the Government of India to attract more foreign investment
B. Pressure by foreign Governments on India to execute specific mutual agreements on financial services.
C. SEBI’s desire to create a more level playing field for foreign investors
D. RBI’s relevant directives to SEBI
Answer:A
India’s market regulator SEBI is on course to relax investment norms for sovereign wealth funds, the investment vehicles which are directly controlled by the government of a country. The main reason behind this move is
A. The desire of the Government of India to attract more foreign investment B. Pressure by foreign Governments on India to execute specific mutual agreements on financial services. C. SEBI’s desire to create a more level playing field for foreign investors D. RBI’s relevant directives to SEBI