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    Question

    Which regulatory body recently warned investors against

    investing in unregulated digital gold schemes? 
    A Reserve Bank of India Correct Answer Incorrect Answer
    B Insurance Regulatory and Development Authority of India Correct Answer Incorrect Answer
    C Securities and Exchange Board of India Correct Answer Incorrect Answer
    D Financial Stability and Development Council Correct Answer Incorrect Answer
    E Ministry of Finance Correct Answer Incorrect Answer

    Solution

    SEBI issued a warning to investors about unregulated digital gold schemes promoted by online platforms. These are outside SEBI’s regulatory purview and not recognised as securities or commodity derivatives, leaving investors unprotected under SEBI’s investor protection framework 

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