Serious Frauds Investigation Office functions under
[amp_mcq option1=”Ministry of Corporate Affairs” option2=”Reserve Bank of India” option3=”Central Bureau of Investigation” option4=”Securities & Exchange Board of India” correct=”option1″]
This question was previously asked in
UPSC SO-Steno – 2017
The correct option is A) Ministry of Corporate Affairs.
The Serious Frauds Investigation Office (SFIO) is a multi-disciplinary organization under the Ministry of Corporate Affairs (MCA). It was established under the Companies Act, 2013, as a statutory body to investigate white-collar crimes and serious frauds involving companies and complex scams.