Which regulatory body has notified a framework introducing a Social Stock Exchange (SSE) in India?
A
Reserve Bank of India
B
Securities and Exchange Board of India
C
Department of Financial Services
D
Economic Advisory Council
Answer:
The correct option is B. Securities and Exchange Board of India
Note
The Securities and Exchange Board of India (Sebi) has notified a framework
introducing a Social Stock Exchange (SSE) in India. The new category of
exchange will provide social enterprises an additional avenue to raise
funds. The SSE lists non-profit organisations (NPO) on stock exchanges and
provides them with an alternative fund-raising avenue.