IBPS PO General Awareness: Capital Market Regulations questions with solutions

Q1. Under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, what is the maximum amount that an individual retail investor can apply for in an initial public offering (IPO)?

1. ₹1 Lakh
2. ₹1.5 Lakh
3. ₹2.5 Lakh
4. ₹2 Lakh

Answer: ₹2 Lakh

Under SEBI ICDR regulations, the maximum application amount for an individual retail investor in an IPO is ₹2 lakh. This is the standard retail investor limit.