Current Affairs · Banking & Financial Regulations
Regarding the RBI Master Direction – Unique Identifiers in Financial Markets Directions, 2026, which of the following statements is/are correct? 1. A Central Counterparty (CCP) acts as a settlement intermediary by assuming the role of buyer to every seller and seller to every buyer. 2. OTC markets are defined strictly as traditional formal stock exchange order-driven platforms. 3. Under the 'waterfall approach' for assigning a Unique Transaction Identifier (UTI), the primary responsibility lies with the CCP if involved in the transaction. Select the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11, 2 and 3
- 22 and 3 only
- 31 and 3 only✓
- 41 and 2 only
Correct answer
1 and 3 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Banking & Financial Regulations MCQs →Want more practice questions on Banking & Financial Regulations?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Banking & Financial Regulations