What is the full form of PaRRVA, the new system introduced by SEBI?

Q: Answer-What is the full form of PaRRVA, the new system introduced by SEBI?

SEBI launched the Past Risk and Return Verification Agency PaRRVA to independently verify performance claims made by market intermediaries, thereby improving transparency and curbing misleading data.

A Past Risk and Return Validation Authority Correct Incorrect

B Past Risk and Return Verified Agency Correct Incorrect

C Performance and Return Review Verification Agency Correct Incorrect

D Past Return and Risk Validation Act Correct Incorrect

E Past Risk and Return Verification Agency Correct Incorrect

Detailed Solution

SEBI launched the Past Risk and Return Verification Agency (PaRRVA) to independently verify performance claims made by market intermediaries, thereby improving transparency and curbing misleading data.

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What is the full form of PaRRVA, the new system introduced by SEBI?

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