General Knowledge · Financial Market Regulations
Which of the following statements regarding the Indian financial market and regulatory framework is/are correct? 1. In a Repurchase Agreement (Repo), the difference between the sale price of the securities and the repurchase price represents the interest cost. 2. The International Financial Services Centres Authority (IFSCA) is the regulatory body for financial services in GIFT City. 3. According to the categorization norms established by SEBI, Small-cap stocks are defined as those companies ranked from 251st onwards by market capitalization. Select the answer using the code given below:
- 1Only 1 and 2
- 2Only 1 and 3
- 31, 2 and 3✓
- 4Only 2 and 3
Correct answer
1, 2 and 3
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