Current Affairs · Banking and Economy
Which entity has been recognized by the Reserve Bank of India (RBI) as a Self-Regulatory Organisation (SRO) for all Authorised Dealers (ADs) under the Omnibus SRO framework?
- 1National Payments Corporation of India (NPCI)
- 2Association of Mutual Funds in India (AMFI)
- 3Foreign Exchange Dealers' Association of India (FEDAI)✓
- 4Indian Banks' Association (IBA)
Correct answer
Foreign Exchange Dealers' Association of India (FEDAI)
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