Correct option is B
The Correct Answer is: (b) SEVA
Explanation:
On 29th July 2024, the Securities and Exchange Board of India (SEBI) launched SEVA (SEBI’s Virtual Assistant), an AI-powered chatbot designed to assist investors with information related to the securities market. SEVA provides details on the latest master circulars, the grievance redressal process, and general queries about the securities market.
Information Booster:
Available on SEBI’s investor website and SAARTHI mobile app.
SEBI (Securities and Exchange Board of India) is India’s capital markets regulator, established in 1992.
SEVA improves ease of access to regulatory information and promotes financial literacy.
- Beta version includes features like speech-to-text, text-to-speech, and follow-up questions.
Additional Information:
- SARATHI: This is SEBI's mobile application designed to educate investors about the securities market. It provides information on various investment products, processes, and investor rights.
- SHAKTI: SHAKTI (Scheme for Harnessing and Allocating Koyala Transparently in India) is a government initiative related to coal allocation in India.
- SAFAR: SAFAR (System of Air Quality and Weather Forecasting and Research) is an initiative by the Ministry of Earth Sciences to monitor air quality in major cities.
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