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Which of the following statements is/are correct with reference to the Innovators Growth Platform (IGP)?

Daily Current Affairs Quiz 13 May 2021

Which of the following statements is/are correct with reference to the Innovators Growth Platform (IGP)?

A. In 2015, Sebi introduced the Institutional Trading Platform (ITP) with a view to facilitate listing of new age start-ups.

B. Innovators Growth Platform (IGP) is aimed at making the platform more accessible to companies in view of the evolving start-up ecosystem.

C. Both A & B

D. None of these

Explanation:

Securities and Exchange Board of India (SEBI) has notified a slew of relaxations to norms, including reducing holding period for pre-issue capital and allowing discretionary allotment to eligible investors, with an aim to boost listing of start-ups. In 2015, Sebi introduced the Institutional Trading Platform (ITP) with a view to facilitate listing of new age start-ups. Innovators Growth Platform (IGP) is aimed at making the platform more accessible to companies in view of the evolving start-up ecosystem.

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