Economics · Financial Markets
Arrange the following regulatory and institutional developments in the Indian financial system in chronological order (from the earliest to the latest): 1. SEBI established as a non-statutory body2. Incorporation of the National Stock Exchange (NSE)3. Constitution of IRDAI as a statutory body4. Introduction of Tri-Party Repo (TREP)5. Adoption of the T+1 rolling settlement cycle for equities Select the correct answer using the code given below:
- 13, 1, 2, 5, 4
- 21, 2, 3, 4, 5✓
- 32, 1, 3, 4, 5
- 41, 3, 2, 5, 4
Correct answer
1, 2, 3, 4, 5
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