SEBI recognizes BSE Ltd as RAASB and IAASB

Current Context: The Securities and Exchange Board of India (SEBI) has recently recognized BSE Limited as the Research Analyst Administration and Supervisory Body (RAASB) and Investment Adviser Administration and Supervisory Body (IAASB) .

• This recognition aligns with SEBI’s efforts to streamline and enhance the regulatory framework governing Research Analysts (RAs) and Investment Advisers (IAs).
• BSE Ltd will serve in these capacities for a period of five years starting from July 25, 2024.

Question:

1 What recent recognition did BSE Limited receive from SEBI?

• A) Stock Exchange of the Year
• B) Research Analyst Administration and Supervisory Body (RAASB)
• C) Investment Adviser of the Year
• D) Best Regulatory Body

Answer: B) The Securities and Exchange Board of India (SEBI) has recently recognized BSE Limited as the Research Analyst Administration and Supervisory Body (RAASB) and Investment Adviser Administration and Supervisory Body (IAASB) .