Question

Gold Exchange and Social Stock Exchange, which were in the news recently, are approved by which organisation?

• A. RBI
• B. SEBI
• C. ECGC
• D. NSDL

Answer 1

Answer:

B. SEBI

SEBI’s board recently cleared a proposal for setting up a ‘Gold exchange’ and a ‘Social Stock Exchange’. In the Gold Exchange, the metal will be traded in the form of Electronic Gold Receipts (EGRs) and they will be notified as securities.