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Ch.4 · SEBI Mutual Fund Regulations · easy

What is the minimum age requirement for an individual to obtain an ARN from AMFI?

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EXPLANATION

The minimum age to obtain an ARN from AMFI is 18 years, as this is the legal age of majority in India. Along with the age requirement, the individual must have passed the NISM Series V-A examination and completed the ARN application process.

A.18 years [✓ Correct]

B.21 years

C.25 years

D.No minimum age — only certification required

EXPLANATION

The minimum age to obtain an ARN from AMFI is 18 years, as this is the legal age of majority in India. Along with the age requirement, the individual must have passed the NISM Series V-A examination and completed the ARN application process.

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