MCQs - 2026-07

The proposed transparency and disclosure norms are designed to apply across all AIF categories to maintain market integrity.

SEBI is tightening norms to ensure that AIFs do not act as conduits for circumventing foreign investment regulations or sectoral caps.

SEBI aims to curb potential regulatory arbitrage and ensure that AIFs do not bypass norms applicable to other regulated financial products.

The mandate ensures that every DLA has a designated officer to address customer grievances, ensuring accountability and consumer protection.

The RBI requires a standardized Key Fact Statement (KFS) to be provided to the borrower in a language understood by them before the loan contract is signed.

The RBI mandates that all loan repayments must be executed directly between the bank accounts of the borrower and the Regulated Entity (RE) without passing through the LSP's pool account.

Climate finance remains a contentious and crucial issue in international climate negotiations. COP29 in Baku, Azerbaijan, is specifically expected to focus on setting the New Collective Quantified Goal (NCQG) on climate finance post-2025, making it a central theme for discussions at this and subsequent summits.

The Global Stocktake at COP28 highlighted the gap in achieving the Paris Agreement goals. Consequently, a primary expectation for countries at subsequent COPs, particularly COP30 in 2025, is to submit new, more ambitious Nationally Determined Contributions (NDCs) that align with the 1.5°C target.

At COP28 in Dubai in December 2023, a landmark decision was made to operationalize the Loss and Damage Fund, which aims to provide financial assistance to developing countries most vulnerable to the adverse effects of climate change.

The Ezulwini Consensus (2005) and the Sirte Declaration (2005) collectively form the common African position on the reform of the UN Security Council, demanding two permanent and five non-permanent seats for Africa, with all the prerogatives and privileges of permanent membership, including the right to veto.