- It is done in order to streamline operations.
- It is defined as an electronic system on which listed debt securities are offered and transacted.
- Once a broker is registered, the OBPP is then required to apply as a bourse.
- The new framework requires OBBPs to be registered as stock brokers in the debt segment.
- According to the new framework, the OBPP must ensure all instances of conflict of interest occur during the transactions.
- Static Part- OBPPs are companies that are incorporated in India.
Question:
Q.1 Which body has launched a framework for OBPP?
a. RBI
b. SEBI
c. IRDAI
d. NABARD
a. RBI
b. SEBI
c. IRDAI
d. NABARD
