Question
Which of the following defines Inter-Operable
Regulatory Sandbox (IoRS)?Solution
The Inter-Regulatory Technical Group on FinTech (IRTG on FinTech) has been constituted under the aegis of Sub-Committee of the Financial Stability and Development Council (FSDC- SC) for inter-regulatory co-ordination among the financial sector regulators on FinTech-related issues including Inter-operable Regulatory Sandbox (IoRS). The Group is chaired by Chief General Manager of the FinTech Department, RBI with representation from other financial sector regulators, viz., SEBI, IRDAI, IFSCA and PFRDA IoRS is a mechanism to facilitate testing of innovative hybrid financial products / services falling within the regulatory ambit of more than one financial sector regulator. To obviate the need of innovators, to engage with different regulators regarding their hybrid product, a common window has been made available
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varian...
- Read the given statements and conclusion carefully. Assuming the information given in the statement is true, even if it appears to be at variance with comm...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements:Some combs are boxes.
All boxes are mirrors.
Conclusions:I. Some boxes are combs.Â
II. Some mirrors are combs.
Statements : All aeroplanes are helicopters.
Some helicopters are kites.
All jets are kites.
Conclusions : I. Some kites not bein...
Statements:
No plant is a tree.
No tree is a shrub.
No shrub is a herb.
Conclusions:                  �...
Statements:
Only a few Plate are Cup.
Some Cup are not spoon.
Some spoon are fork.
Conclusions:
I. All Cup are Plate....
Two statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance...
Statements:
All Water are Tea.
No Tea is Coffee.
Some Coffee are Milk.
Conclusions:
I. No Water is Milk.
II. S...
Statements:
Some bags are trolleys.
All trolleys are luggage.
Some luggage is a warehouse.             ...
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