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    Question

    What significant role has BSE Limited been recognized for by SEBI in a recent circular, and what are its responsibilities under this recognition?

    A BSE Limited has been appointed to manage all IPO allocations and ensure compliance with regulatory standards for public offerings. Correct Answer Incorrect Answer
    B BSE Limited is recognized as the Research Analysts' Approval and Supervision Board (RAASB) and Investment Advisers' Approval and Supervision Board (IAASB). Correct Answer Incorrect Answer
    C BSE Limited has been tasked with regulating the derivative markets and ensuring transparency in high-frequency trading operations. Correct Answer Incorrect Answer
    D BSE Limited is designated to supervise banking operations related to securities transactions and monitor compliance with financial regulations. Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    responsible for overseeing and regulating Research Analysts and Investment Advisers, including setting bye-laws, issuing SOPs, and managing administrative fees. SEBI has granted BSE Limited the role of RAASB and IAASB, giving it the authority to oversee Research Analysts and Investment Advisers. BSE is tasked with creating regulations, issuing guidelines, and managing the fee structures for these professionals.

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