BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Financial services platform Paytm has announced that its wholly-owned subsidiary, Paytm Money, has received approval of market regulator____to become a registered investment advisor.
A
SEBI
B
NABARD
C
FICCI
D
NHB
Explanation: 

Detailed explanation-1: -Yes, Paytm Money is a SEBI registered broker and Investment advisor. The company is a member of BSE and NSE stock exchanges and a depository participant of CDSL.

Detailed explanation-2: -Paytm Money Limited is a SEBI registered Investment Adviser (IA) that offers investment execution & advisory services.

Detailed explanation-3: -We are India’s leading fintech platform and the most trusted payments app. As pioneers of mobile payments and QR technology, we have been at the forefront of the digital revolution in India.

There is 1 question to complete.