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Question

Which of the following organisations recently issued some guidelines related to 'Participatory Notes' as used in financial world?

A
RBI
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B
IRDA
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C
SEBI
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D
AMFI
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Solution

The correct option is D SEBI
SEBI stands for Securities and Exchange Board of India. It is the regulator of the stock market. It issued some guidelines related to 'Participatory Notes'. Participatory notes is a financial instrument issued by foreign institutional investors to overseas investors, who are willing to invest in Indian stock market.

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