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    Question

    What does a regulatory sandbox refer

    to?
    A A designated area for storing regulatory documents Correct Answer Incorrect Answer
    B A controlled environment for testing new products or services Correct Answer Incorrect Answer
    C A playground for regulatory authorities Correct Answer Incorrect Answer
    D A secure space for confidential business operations Correct Answer Incorrect Answer
    E A storage facility for legal paperwork Correct Answer Incorrect Answer

    Solution

    A regulatory sandbox refers to live testing of new products or services in a controlled regulatory environment. It acts as a "safe space" for business, as the regulators may or may not permit certain relaxations for the limited purpose of testing.

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