In which year Reserve bank of India introduced Special Fund Facility for Security Settlement SFFSS?
Q. In which year Reserve bank of India introduced Special Fund Facility for Security Settlement SFFSS?
Answer: 2000
Notes: In the year 2000, the Special Fund Facility for Security Settlement, which was introduced as an amendment to Securities Contracts (Regulation) Act, 1956. The main purpose behind introducing such a facility was regularization and smoothening of security-related transactions.

 

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