Current Affairs · Banking and Finance
Consider the following statements regarding the recent investor protection initiatives launched by the Securities and Exchange Board of India (SEBI): 1. SEBI introduced two new initiatives, namely 'Validated UPI Handles' and 'SEBI Check', to enhance investor payment security and reduce fraudulent fund collections. 2. The exclusive '@valid' UPI handle for SEBI-registered intermediaries is issued by the Reserve Bank of India (RBI) and carries suffixes such as '.brk' for brokers. 3. The 'SEBI Check' tool allows investors to independently verify the authenticity of intermediaries' bank account details and UPI IDs through the SEBI portal or Saarthi mobile app. Which of the above statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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1 and 3 only
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