Question
The acronym SRO, being used in the capital market for various market participants, stands for which one of the following?
Solution
A self-regulatory organization (SRO) is a non-governmental organization that has the power to create and enforce industry regulations and standards. The priority is to protect investors through the establishment of rules that promote ethics and equality.
More ESI Questions
- The Reserve Bank of India’s recent directives relating to ‘Storage of Payment System Data’, popularly known as data diktat command the payment system provi...
- What is the primary objective of the Open Network for Digital Commerce (ONDC)?
- In the context of Indian economy, which of the following is/are the purpose/purposes of ‘Statutory Reserve Requirements’? 1. To enable the Central Bank to...
- The Reserve Bank of India regulates the commercial banks in matters of : 1. liquidity of assets 2. branch expansion 3. merger of banks 4. winding-up of b...
- What is the name of RBI’s first Global Hackathon?
- Pradhan Mantri Matsya Sampada Yojana (PMMSY) was launched in ________________.
- Commercial banks create money in the following ways:
- RBI recently cancelled the license of Sarjeraodada Naik Shirala Sahakari Bank. It is based in ____________.
- Which of the following is not one of the Domestic Systemically Important Banks (D-SIBs)?
- Which of the following services are provided at Sahaj Jan Seva Kendra under the flagship of NeGP of the Government of India? 1. Banking and Financial Servi...
Relevant for Exams:
