'NSE Prime', sometimes mentioned in news, denotes :
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EPFO EO AO 2023
A high standard corporate governance initiative
Correct AnswerLong-duration Sovereign Green Bonds
Incorrect AnswerConcessions and tax-holidays for hi-tech startup companies
Incorrect AnswerSpecial privileges for certain categories of Non-Banking Financial Institutions
Incorrect AnswerExplanation:
- NSE Prime is an initiative by the National Stock Exchange of India that focuses on raising the standards of corporate governance. It sets a higher bar for listed companies, promoting transparency, accountability, and fairness in their operations.
- The aim is to instill investor confidence and enhance the quality of India's capital markets.
- Companies under NSE Prime voluntarily commit to adhering to a set of enhanced governance norms, going beyond the minimum statutory requirements.
- Correct Answer: A high standard corporate governance initiative
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By: Babita