Current Affairs · Investor Protection & SEBI Initiatives
Regarding the SEBI 'CVV' framework introduced to protect retail investors from fraudulent trading applications, which of the following statements is/are correct? 1. Authentic SEBI-registered brokers and mutual fund intermediaries are assigned specific UPI ID suffixes like '.brk' and '.mf' respectively. 2. Validated UPI handles under this framework must explicitly contain the word 'valid' within the handle string for verification. 3. The initiative is initially rolling out for more than 900 applications across the Google Play Store and Apple App Store. 4. The 'CVV' framework stands for Check bank accounts via SEBI Check, Validate UPI handles, and Verify labels on app stores. Select the correct option:
- 11, 2, and 3 only
- 22 and 4 only
- 31 and 2 only
- 41, 2, and 4 only✓
Correct answer
1, 2, and 4 only
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