Securities and Exchange Board of India’s advisory council on leveraging regulatory and technological solutions has been reconstituted on ALeRTS. Sunil Bajpai will now lead the seven-member panel. Expand the term “L” in ALeRTS-
Correct Answer :
Leveraging
Solution :
The correct option is Leveraging.
Step-by-step Explanation:
1. The Securities and Exchange Board of India (SEBI) reconstituted its advisory committee, which is commonly abbreviated as ALeRTS.
2. The full form of the acronym ALeRTS is Advisory Committee on Leveraging Regulatory and Technology Solutions.
3. By breaking down the acronym, we find:
- A: Advisory
- Le: Leveraging
- R: Regulatory
- T: Technology
- S: Solutions
4. Therefore, the letter "L" (or "Le") in ALeRTS represents the word Leveraging.
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