2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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IDBI
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IFSCA
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WHO
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TCL
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Detailed explanation-1: -IOSCO was established in 1983. Its membership regulates more than 95% of the world’s securities markets in some 130 jurisdictions and includes all the major emerging markets.
Detailed explanation-2: -The IOSCO Board is made up of 32 securities regulators. SEBI, India is one of the members of the IOSCO Board.
Detailed explanation-3: -The IOSCO Objectives and Principles of Securities Regulation have been endorsed by FSB as one of the key standards for sound financial systems. The membership of IOSCO would provide IFSCA the platform to exchange information at the global level and regional level on areas of common interests.
Detailed explanation-4: -An association that consists of the public regulatory bodies is also eligible for associate membership of IOSCO. Each associate member of IOSCO is a member of the Presidents Committee. Associate members are not entitled to vote at the Presidents Committee meeting.