Which of the following are part of Market Infrastructure

institutions?

A Stock Exchange and Depositories Correct Answer Incorrect Answer

B Stock Exchange and Clearing Houses Correct Answer Incorrect Answer

C Stock Exchange, Clearing House, and Depositories Correct Answer Incorrect Answer

D Stock Exchange, Clearing House, Depositories and SEBI Correct Answer Incorrect Answer

E Stock Exchange, Clearing House, Depositories, SEBI, and RBI Correct Answer Incorrect Answer

Solution

Stock exchanges, depositories, and clearinghouses are all Market Infrastructure Institutions. A panel set up under the chairmanship of former RBI Governor Bimal Jalan — to examine issues arising from the ownership and governance of MIIs — in its 2010 report said: The term ‘infrastructure’ would mean the basic, underlying framework or features of a system The term ‘market infrastructure’ denotes such fundamental facilities and systems serving this market.

Practice Next

More Alternate Sources of Finance Questions