Current Affairs · Financial Regulations & SEBI Initiatives
The term 'PaRRVA', recently seen in the news, is related to:
- 1A framework by SEBI to verify performance claims of market intermediaries.✓
- 2A data center by Care Ratings to store the financial records of retail investors.
- 3An algorithm by the National Stock Exchange to detect insider trading.
- 4A system by the Reserve Bank of India to monitor non-performing assets.
Correct answer
A framework by SEBI to verify performance claims of market intermediaries.
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