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In India, non-government organisations can raise funds from the public through:
Explanation
The Social Stock Exchange (SSE) is a specialized platform that enables Non-Profit Organisations (NPOs) and For-Profit Social Enterprises to raise funds from the public. Regulated by the Securities and Exchange Board of India (SEBI), the SSE functions as a separate segment within the BSE and NSE. NPOs can raise capital through innovative instruments like Zero Coupon Zero Principal (ZCZP) bonds, which allow donors to contribute to social causes with high levels of transparency and standardized impact reporting. While the Ministry of Home Affairs (MHA) monitors foreign funding through the FCRA and the RBI regulates the banking sector, the SSE is the specific financial market infrastructure designed for domestic public fund-raising by social entities.
SIMILAR QUESTIONS
Consider the following statements :
1. In India, Non-Banking Financial Companies can access the Liquidity Adjustment Facility window of the Reserve Bank of India.
2. In India, Foreign Institutional Investors can hold the Government Securities (G-Secs).
3. In India, Stock Exchanges can offer separate trading platforms for debts.
Which of the statements given above is/are correct ?