Question
Which of the following statements correctly defines the
term ‘Regulatory Sandbox’?Solution
A regulatory sandbox (RS) usually refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may (or may not) permit certain regulatory relaxations for the limited purpose of the testing. It allows the regulator, the innovators, the financial service providers (as potential deployers of the technology) and the customers (as final users) to conduct field tests to collect evidence on the benefits and risks of new financial innovations, while carefully monitoring and containing their risks.
Landmark case of Wright v. Tantham is related to:
The Reserve Bank established under s.3 of the RBI Act, 1934 has taken over currency management from?
Which of the following rights are granted to all citizens of India under the Constitution?
Under Section 95 of the Bharatiya Nyaya Sanhita, what is the punishment for a person who hires, employs, or engages a child to commit an offense?
Law of Limitation is based on the maxim-
In 2023 who was appointed as the new Chief Justice of India?
 As per Section 11(3)(d) of the Environment (Protection) Act, 1986, the sealed container shall be sent:
How is the delivery to bailee made?
The Supreme Court has recently delivered a judgment expounding the doctrine of "lis pendens in case of –
Once an application for revision is transferred by the High Court to the Sessions Judge:
