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      Question

      SEBI launched PaRRVA as a new mechanism for what key

      purpose? 
      A Monitoring IPO allocations Correct Answer Incorrect Answer
      B Verifying past performance returns of market intermediaries Correct Answer Incorrect Answer
      C Regulating F&O traders Correct Answer Incorrect Answer
      D Auditing mutual fund NAV calculations Correct Answer Incorrect Answer
      E Limiting finfluencer content creation Correct Answer Incorrect Answer

      Solution

      PaRRVA stands for Past Risk and Return Verification Agency, created to verify past performance claims made by investment advisers, research analysts, and algorithmic brokers to curb misleading claims and enhance transparency. 

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