Current Affairs · Fintech Regulations
According to the final/draft framework issued by the RBI for recognizing Self-Regulatory Organisations (SROs) in the Fintech sector, under which legal corporate structure must an SRO be registered?
- 1As a public sector financial institution
- 2As a cooperative society under Multi-State Act
- 3As a Section 8 (not-for-profit) company under the Companies Act, 2013✓
- 4As a commercial partnership firm registered with SEBI
Correct answer
As a Section 8 (not-for-profit) company under the Companies Act, 2013
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