Question
Which of the following statements correctly defines the
term ‘Regulatory Sandbox’?Solution
A regulatory sandbox (RS) usually refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may (or may not) permit certain regulatory relaxations for the limited purpose of the testing. It allows the regulator, the innovators, the financial service providers (as potential deployers of the technology) and the customers (as final users) to conduct field tests to collect evidence on the benefits and risks of new financial innovations, while carefully monitoring and containing their risks.
Select the option that best expresses the meaning of the bold phrase/group of words.
Several houses had to be demolished to decongest the road. ...
Give one word substitutes for the following from the choices given below them.
 A doctrine that equates God with the forces and laws of universe.
Select the option that can be used as a one-word substitute for the given group of words.
The study of earthquakes
Select the option that can be used as a one-word substitute for the given group of words.
A person who held a job or office before the current holder
She leans back onto the couch, giggling as I swing a makeshift pendulum before her eyes and lower my voice .
...In the following question , a sentence is given followed by five alternatives containing a single word. Among the five alternatives you have to find th...
Impeccable
Select the most appropriate option to substitute the underlined segment in the given sentence. If there is no need to substitute it, select ‘No subst...
Select the most appropriate option that can substitute the bold segment in the given sentence.
Oscar is the most prestigious award which is int...
- Select the most appropriate 'one word' for the expression given below.
A person who studies and writes about the past
...
