Which one of the following best describes the purpose of SCORES 2.0, launched by SEBI?
(a) To allow automatic trading of securities using artificial intelligence algorithms
(b) To regulate pricing mechanisms of mutual funds and other pooled investment vehicles
(c) To enhance the investor complaint redressal mechanism in the securities market
(d) To monitor insider trading and enforce penalties on listed companies

Question

Which one of the following best describes the purpose of SCORES 2.0, launched by SEBI?
(a) To allow automatic trading of securities using artificial intelligence algorithms
(b) To regulate pricing mechanisms of mutual funds and other pooled investment vehicles
(c) To enhance the investor complaint redressal mechanism in the securities market
(d) To monitor insider trading and enforce penalties on listed companies

ONLiNE UPSC · Accepted Answer

Securities and Exchange Board of India (SEBI) launched SCORES 2.0 version which strengthens investor complaint redress mechanism in securities market by making process more efficient. SCORES is an online system where investors in securities market can lodge their complaints through web URL and an app. Investors can lodge complaints only through new version of SCORES.

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M Question 1	⏱ 0
Which one of the following best describes the purpose of SCORES 2.0, launched by SEBI? (a) To allow automatic trading of securities using artificial intelligence algorithms (b) To regulate pricing mechanisms of mutual funds and other pooled investment vehicles (c) To enhance the investor complaint redressal mechanism in the securities market (d) To monitor insider trading and enforce penalties on listed companies