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.
EEFC account acts like which account?
The concept of "servant leadership," as championed by Robert Greenleaf, emphasizes the leader's role as a facilitator and supporter of their team member...
Which among the following is NOT a qualitative measure of monetary policy undertaken by the RBI in India?
As per the CSR provisions under Companies Act, a CSR committee is to be constituted by certain companies. This committee should consist of at least ____...
What are Scheduled Banks?
IFSCA has recently issued 6) Guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) for Market Infrastructure institutions (MIIs), how...
The entity willing to act as a Qualified Supplied-Limited Purpose Trading Member (QS-LPTM) on a Bullion Exchange shall be required to have net worth of ...
Under the IFSCA Act the Central Government may remove from office a Member, who______________
Which of the following is not a common source of project financing?
Which of the following are not the components of Tier 1 (Primary Capital) for maintaining the requirements as per BASEL regulations
