The Securities and Exchange Board of India (SEBI) has recently constituted a committee on Social Stock Exchanges (SSE) under the chairmanship of ______.
Ishaat Hussain
Understanding SEBI's Committee on Social Stock Exchange (SSE)
The question asks about the chairman of the committee recently constituted by the Securities and Exchange Board of India (SEBI) concerning Social Stock Exchanges (SSE).
SEBI is the regulator for the securities market in India. A Social Stock Exchange (SSE) is a potential platform aimed at connecting social enterprises and voluntary organizations with potential funders, including institutional and retail investors, to raise capital. This allows for funding social initiatives through market-based mechanisms.
To explore the feasibility and framework for such an exchange in India, SEBI decided to set up an expert committee. This committee was tasked with making recommendations on the structure, governance, and listing norms for a potential SSE.
The committee constituted by SEBI to deliberate on the framework of a Social Stock Exchange was chaired by a prominent figure.
The chairman of this SEBI committee on Social Stock Exchanges was Ishaat Hussain.
Therefore, the correct answer is Ishaat Hussain, who headed the expert committee that provided recommendations on establishing the Social Stock Exchange framework in India.
Important Questions from Banking Committees and Recommendations
Which of the following is NOT a qualitative characteristic that accounting should possess to be useful in decision making?
Read the Assertion and Reasoning and select the correct option.
Assertion (A): The Reserve Bank of India is the apex organisation in the Indian money market.
Reasoning (R): In April, 1988, it set up the Discount and Finance House of India (DFHI) to perform the function of stablising the money market in India.
Which committee was appointed to give a detailed report on the Non Performing Assets of public sector banks?
Who was the chairman of the committee formed to examine the applications for new bank licenses?
The amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda (BoB) came into effect from _________.
