SEBI introduced significant amendments at the 203rd Meeting of SEBI Board

Current Context: The significant amendments were introduced at the 203rd Meeting of the SEBI Board on November 25, 2023.

• The 203rd SEBI Board meeting introduced key amendments:
• Social Stock Exchange (SSE): Changes to boost fundraising by Not for Profit Organizations (NPOs) on the SSE.
• Regulatory Framework for Index Providers: A new framework to enhance transparency and governance in financial benchmarks.
• Small & Medium Real Estate Investment Trusts (SM REITs): Amendments to REIT Regulations, 2014.
• Amendments to AIF Regulations: Changes to Alternative Investment Funds (AIFs) regulations for ease of compliance and investor protection.

Question:

Q.1 What was the purpose of the changes introduced to the Social Stock Exchange (SSE) in the 203rd SEBI Board meeting?
a. To reduce the number of Not for Profit Organizations (NPOs)
b. To boost fundraising by Not for Profit Organizations (NPOs) on the SSE
c. To limit the activities of Not for Profit Organizations (NPOs)
d. None of the above