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    Question

    The Securities and Exchange Board of India (Sebi) has

    mandated the registration of index providers managing "significant indices" based on securities listed in India to foster transparency in governance and administration of financial benchmarks in the securities market. When did Sebi notify the Sebi Index Providers Regulations?
    A November 2023 Correct Answer Incorrect Answer
    B January 2023 Correct Answer Incorrect Answer
    C February 2023 Correct Answer Incorrect Answer
    D April 2023 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Securities and Exchange Board of India (Sebi) notified the Sebi Index Providers Regulations, nearly a year after its board first approved the norms. These regulations mandate the registration of index providers managing "significant indices" based on securities listed in India to foster transparency in governance and administration of financial benchmarks in the securities market.

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