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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.
Which renowned luxury brand has appointed Alia Bhatt as its first Indian global ambassador?
Which of the following is the largest wildlife sanctuary in India?
On 21st January 2022, three states observed their 50th Statehood Day, which of the following is NOT one amongst these three?
In the seven continents of the world which is the third largest continent area wise?
In which of the following years, the 73rd and 74th Amendment Acts were implemented in India?
Who was elected as the President of the United Nations General Assembly for its seventy-eighth session?
When a country's imports exceed its exports, what is this situation called?
Which one of the following is NOT a basic principle of Micro Finance Institutions in India?
Which of the following states is the first to regulate the crops grown by farmers?
World Wide commodity Prices date (Pink Sheet) is related with?