Question: SCORES App is launched by which among the following institutions?
(a) SEBI
(b) NABARD
(c) SBI
(d) IDBI
Answer: (a)
Related facts:
- Securities and Exchange Board of India (SEBI) has launched SCORES (mobile application) for lodging investor grievances.
- SCORES stands for Sebi Complaints Redress System.
- Its web portal was launched in the year 2011.
- The platform allows investors to lodge their complaints online with SEBI pertaining to securities market against listed companies, SEBI registered intermediaries and SEBI recognized market infrastructure institutions.
- Entities against whom complaints are lodged are required to file an Action Taken Report with the market regulator within 30 days of receipt of complaints.