UPSC Prelims Practice Questions — SEBI terms indices with over ₹20,000-cr. AUM as ‘significant’

Question 1

The concept of a 'Significant Index', operationalised by SEBI in May 2026, has been introduced under which one of the following regulations?

Accepted Answer

SEBI (Index Providers) Regulations, 2024

Answer

SEBI (Mutual Funds) Regulations, 1996

Answer

SEBI (Credit Rating Agencies) Regulations, 1999

Answer

SEBI (Investment Advisers) Regulations, 2013

Question 2

In the first official list of 'Significant Indices' notified by SEBI in May 2026, which one of the following index providers administers the largest number of such indices?

Accepted Answer

NSE Indices Limited

Answer

BSE Index Services Pvt. Ltd.

Answer

CRISIL Ltd.

Answer

Metropolitan Stock Exchange of India

UPSC Prelims Practice Questions — SEBI terms indices with over ₹20,000-cr. AUM as ‘significant’

Q1. The concept of a 'Significant Index', operationalised by SEBI in May 2026, has been introduced under which one of the following regulations?

Q2. In the first official list of 'Significant Indices' notified by SEBI in May 2026, which one of the following index providers administers the largest number of such indices?