Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 893)

2019-04-04 Business

893.

Who gets an approval from the Securities and Exchange Board of India (SEBI) for Stock Broking?

GPay

PhonePe

Paytm Money

MobiKwik

Answer: Option

Explanation:

One97 Communications-owned Paytm Money, the wealth management arm of Paytm got approval from the Securities and Exchange Board of India (SEBI) to start offering a stock broking service such as the ability to trade in equities and cash segments, derivatives, and exchange-traded funds (ETFs) among other exchange-traded products.