Current Affairs · Financial Regulations and Agencies
Consider the following statements regarding the Past Risk and Return Verification Agency (PaRRVA): I. PaRRVA has been operationalised by the Securities and Exchange Board of India (SEBI) to verify performance claims of financial intermediaries. II. PaRRVA allows only unregulated entities to showcase their performance without any verification requirements. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither I nor II
- 2Both I and II
- 3II only
- 4I only✓
Correct answer
I only
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