Regulatory sandboxes have been introduced in which of the following countries 1 Australia ...........

Finance (Phase -I & II) Banking and Financial system in India

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Regulatory sandboxes have been introduced in which of the following countries?

1.Australia

2.India

3.China

4.Singapore

1 and 2

2, 3 and 4

1 and 3

1 ,2 and 4

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Explanation:

Globally, regulatory sandboxes have been introduced in the UK, Singapore, Australia, Malaysia, India and UAE.
Each country have a certain “target group” for which sandboxing is done.
All these countries have so far created a sandboxed environment to support financial institutions (FIs) and fintech firms, according to CII-Deloitte report on the subject released recently.