What is the name of the idea launched by SEBI to promote innovations in the securities market?

A)
Sameer
B)
Rachna
C)
Manthan
D)
Chintan

Correct Answer :   Manthan


SEBI Chairperson "Madhabi Puri Buch" on Wednesday(30th Mar 2022) said that India is well positioned to leverage technology in the securities market to deliver customised solutions at a very low cost to individuals across the country as she launched an ideathon to promote innovation.
 
Launching the ideathon 'Manthan', Buch highlighted that adoption of financial technology (FinTech) in the securities market presents significant opportunities for stakeholders.
 
Manthan is a six-week long ideathon being organised by Sebi in association with BSE, NSE, NSDL, CDSL, KFintech, CAMS, LinkInTime and MCX. It will facilitate the creation of a pool of ideas and innovative solutions revolving around the securities market, as per a release issued by Sebi.
 
Workable ideas emanating from Manthan, which was launched at a function in Mumbai on Wednesday, may translate into possibilities and prototypes through a hackathon..

Source : Business Standard

Published On : April 6, 2022