2026 · Q104
Which of the following statements relating to SEBI (Index Providers) Regulations, 2024 is/are correct?
- 1These are applicable only to Index Providers that administer significant indices consisting of securities listed on a recognized stock exchange in India for use in the Indian securities market.
- 2The primary objective is to promote transparency and accountability in governance and administration of indices. Select the answer using the code given below:
General KnowledgeCurrent Affairs
- A1 only
- B2 only
- CBoth 1 and 2
- DNeither 1 nor 2
Explanation
Both statements are correct. Regulation 3(1) of the SEBI (Index Providers) Regulations, 2024 states verbatim that the regulations apply only to index providers administering 'significant indices' consisting of securities listed on a recognised stock exchange in India for use in the Indian securities market. The regulations' primary objective is to promote transparency and accountability in the governance and administration of indices. The answer is (C) Both 1 and 2. (Stored key corrected from B.)