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      Question

      Under the Omnibus SRO Framework, which entity has

      recently been recognised as a Self-Regulatory Organisation for Authorised Dealers?
      A SEBI Correct Answer Incorrect Answer
      B NAFED Correct Answer Incorrect Answer
      C FEDAI Correct Answer Incorrect Answer
      D FICCI Correct Answer Incorrect Answer
      E IBA Correct Answer Incorrect Answer

      Solution

      The Reserve Bank of India has officially recognised the Foreign Exchange Dealers’ Association of India (FEDAI) as a Self-Regulatory Organisation (SRO) for all categories of Authorised Dealers under the Omnibus SRO Framework.

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