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Consider the following pairs related to the International Organisation of Securities Commissions (IOSCO):
1. Ordinary members: Include self-regulating organizations, stock exchanges, and industry associations for stock markets.
2. Associate members: Involve extra regulators for futures and securities in areas with multiple regulatory bodies.
3. Affiliate members: Consist of the primary regulators for futures markets and securities in a specific area.
4. Founded in: 1983.
How many pairs given above are correctly matched?
  • a)
    Only one pair
  • b)
    Only two pairs
  • c)
    Only three pairs
  • d)
    All four pairs
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following pairs related to the International Organisatio...

1. Ordinary members: Include self-regulating organizations, stock exchanges, and industry associations for stock markets.
- Incorrect. Ordinary members consist of the primary regulators for futures markets and securities in a specific area. They each get one vote.
2. Associate members: Involve extra regulators for futures and securities in areas with multiple regulatory bodies.
- Correct. Associate members include additional regulators for futures and securities in regions with multiple regulatory bodies. They cannot vote and are not part of the Executive Committee but are part of the Presidents' Committee.
3. Affiliate members: Consist of the primary regulators for futures markets and securities in a specific area.
- Incorrect. Affiliate members involve self-regulating organizations, stock exchanges, and industry associations for stock markets. They cannot vote and are not part of the Executive Committee or the Presidents' Committee but may be part of the Self-Regulatory Organizations (SRO) Consultative Committee.
4. Founded in: 1983.
- Correct. IOSCO was founded in 1983.
Thus, only two pairs are correctly matched.
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Consider the following pairs related to the International Organisation of Securities Commissions (IOSCO):1. Ordinary members: Include self-regulating organizations, stock exchanges, and industry associations for stock markets.2. Associate members: Involve extra regulators for futures and securities in areas with multiple regulatory bodies.3. Affiliate members: Consist of the primary regulators for futures markets and securities in a specific area.4. Founded in: 1983.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'B'. Can you explain this answer?
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