Question

    What was the purpose behind SEBI's recent directive to stock exchanges and depositories regarding fantasy gaming and virtual trading apps?

    A To enhance the gaming interface Correct Answer Incorrect Answer
    B To promote more apps Correct Answer Incorrect Answer
    C To prevent financial misuse of real-time data Correct Answer Incorrect Answer
    D To increase revenue through these platforms Correct Answer Incorrect Answer
    E To deregulate the stock market Correct Answer Incorrect Answer

    Solution

    SEBI's directive aimed to block these apps from accessing real-time trading data, thereby avoiding potential financial exploitation.

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