2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Securities and Exchange Board of India (SEBI)
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Bharat Sanchar Nigam Limited ( BSNL)
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Indian Statistical Institute
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Indian Veterinary Research Institute
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Detailed explanation-1: -The Securities and Exchange Board of India (“SEBI”) had, in its circular dated December 12, 2018 reviewed the erstwhile framework for Institutional Trading Platform (“ITP”) and proposed modifications to the existing guidelines of ITP including a change of name to Innovators Growth Platform (“IGP”).
Detailed explanation-2: -The NSE’s Innovators Growth Platform (IGP) is a significant step towards building a real-time, liquid public market platform for new economy companies both for raising funds as well as exploring exits.
Detailed explanation-3: -About Emerge ITP Platform ITP is a credible platform for start-ups and growing companies to list and showcase their performance to their lenders and potential investors, with or without an IPO (Initial Public Offer).
Detailed explanation-4: -SEBI has reduced the shareholding period for investors owning 25 percent in startups before listing to one year from two years. It has also recommended a higher share of allotment of up to 60 percent of issue size to anchor investors, with a lock-in of 30 days on such shares.