Economics · Financial Market Infrastructure and Regulations

Analyze the following statements concerning the structural and regulatory frameworks of Indian financial markets: 1. The Clearing Corporation of India Limited (CCIL) acts as a central counterparty, eliminating bilateral counterparty risk across money, debt, and forex markets. 2. Electronic Trading Platforms (ETPs) like NDS-OM and FX-Clear have shifted markets away from voice-based trading, narrowing bid-ask spreads. 3. Maturity mismatches occur in NBFCs when short-term instruments like Commercial Papers and non-convertible debentures fund long-term assets, creating systemic liquidity spillover risks. 4. The Internal Ratings-Based (IRB) approach under Basel III allows banks to utilize internal empirical models to estimate credit risk and capital requirements under regulatory oversight. 5. The Tri-party Repo (TREPS) market is a highly liquid collateralized segment where rates generally trade slightly below the uncollateralized overnight call money rate. 6. The Liberalised Remittance Scheme (LRS) permits resident individuals to remit up to $250,000 per financial year, linking household savings to global asset markets. 7. The emergence of the Green Bond market features a 'Greenium,' where investors accept slightly lower yields in exchange for documented positive environmental impacts. Which of the following accurately describes the validity of these statements?