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With reference to the Securities markets, consider the following statements:
1. The Government will support the development of a world-class Fin-Tech hub at the GIFT-IFSC.
2. Recently, the Union Finance Minister proposed introducing an investor charter as a right of all financial investors across all financial products.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
With reference to the Securities markets, consider the following state...
During the budget 2021-22, Union Minister for Finance announced that the Government would consolidate the provisions of SEBI Act, 1992, Depositories Act, 1996, Securities Contracts (Regulation) Act, 1956 and Government Securities Act, 2007 into a rationalized single Securities Markets Code.
- The Government will support the development of a world-class Fin-Tech hub at the GIFT-IFSC.
- To instil confidence amongst the Corporate Bond Market participants during times of stress and generally enhance secondary market liquidity, Union Budget 2021-22 proposes creating a permanent institutional framework.
- To protect the investors, the Finance Minister proposed introducing an investor charter as a right of all financial investors across all financial products.
- To establish a regulated gold exchange system in the country, SEBI will be notified as the regulator and Warehousing Development and Regulatory Authority will be strengthened to set up a commodity market ecosystem arrangement.
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With reference to the Securities markets, consider the following statements:1. The Government will support the development of a world-class Fin-Tech hub at the GIFT-IFSC.2. Recently, the Union Finance Minister proposed introducing an investor charter as a right of all financial investors across all financial products.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the Securities markets, consider the following statements:1. The Government will support the development of a world-class Fin-Tech hub at the GIFT-IFSC.2. Recently, the Union Finance Minister proposed introducing an investor charter as a right of all financial investors across all financial products.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Securities markets, consider the following statements:1. The Government will support the development of a world-class Fin-Tech hub at the GIFT-IFSC.2. Recently, the Union Finance Minister proposed introducing an investor charter as a right of all financial investors across all financial products.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Securities markets, consider the following statements:1. The Government will support the development of a world-class Fin-Tech hub at the GIFT-IFSC.2. Recently, the Union Finance Minister proposed introducing an investor charter as a right of all financial investors across all financial products.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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