.png "FM Sitharaman Launches Mission Jagrook at SEBI’s 38th Foundation Day")
- She launched Mission Jagrook, a nationwide investor awareness drive to protect 140+ million investors from AI-driven frauds and deepfake content.
- The initiative promotes tools like SEBI Check for payment verification and sets up rapid “take-down mechanisms” against fake apps and social media scams.
- In her speech, Sitharaman warned that AI is a double-edged sword, stressing that cyberattacks could destabilize markets if not addressed proactively.
- She emphasized that “Size without integrity is fragility,” highlighting that India’s 15% CAGR market growth must be backed by strong governance and investor protection.
- The FM advocated for principles-based regulation and praised SEBI’s tradition of public consultation, which makes compliance easier and more effective.
- She also signaled a zero-tolerance policy toward unregistered fin-fluencers, warning against monetizing uninformed retail trust through fake or misleading advice.
Question:
Q.1 During SEBI’s 38th Foundation Day, which nationwide investor awareness campaign was launched?a) Mission Suraksha
b) Mission Jagrook
c) Mission Niveshak
d) Mission Digital Bharat
Answer: b) Mission Jagrook was launched as a nationwide investor awareness drive to protect investors from frauds related to artificial intelligence and deepfake content.
