Question

Which of the following defines Inter-Operable Regulatory Sandbox (IoR

  • S ?
A 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
B IoRS is a mechanism TO frame policies on clearing and settlement of financial instruments falling within the regulatory ambit of more than one financial sector regulator.
C IoRS is a mechanism TO supersede the decisions of various regulators and take uniform decisions by IFSCA
D Either b or c
E None of the above
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