PRELIMS BITSÂ
The Securities and Exchange Board of India (SEBI) issued guidelines for evaluating the performance of statutory committees of Market Infrastructure Institutions (MIIs).
About MIIs
- Definition:Â Organizations providing infrastructure for trading securities, regulated by SEBI.
- Includes:Â Stock exchanges, depositories, and clearing corporations.
- Purpose:Â Enabling trading, securing investor holdings, and transaction settlement.