UPSC Current Affairs Quiz : 13 September 2024
Kartavya Desk Staff
The Current Affairs Quiz 2024 is a daily quiz based on the DAILY CURRENT AFFAIRS AND PIB SUMMARY from the previous day, as posted on our website. It covers all relevant news sources and is designed to test your knowledge of current events. Solving these questions will help you retain both concepts and facts relevant to the UPSC IAS civil services exam.
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• Question 1 of 10 1. Question 1 points Consider the following statements regarding Sakthan Thampuran: He relocated the capital of the Cochin kingdom from Thrippunithura to Thrissur. Sakthan Thampuran signed a treaty with Tipu Sultan to ensure the kingdom’s independence. He is credited with eliminating crime and reforming temple management in his kingdom. Which of the statements given above are correct? a) 1 and 3 only b) 1 and 2 only c) 2 and 3 only d) 1, 2, and 3 Correct Solution: a) Sakthan Thampuran, also known as Raja Rama Varma IX,ruled the Cochin kingdom from 1790 to 1805 and played a significant role in shaping the region. Born in 1751, he was known for his strong leadership and strategic decisions. Thampuran maintained friendly relations with both the Dutch and the British, helping secure the kingdom’s independence from Mysore and establishing ties with the British East India Company. He relocated the capital from Thrippunithura to Thrissurand developed the city’s infrastructure, inviting merchants of all religions and British officials. Thampuran also initiated the famous Thrissur Pooram festival in 1797, enhancing its cultural significance. He was known for eliminating crime in the kingdom, reforming temple management, and strengthening the kingdom’s finances. Statement 2 is incorrect; Thampuran did not sign a treaty with Tipu Sultan but maintained friendly relations with the British and the Dutch to ensure independence from Mysore. Incorrect Solution: a) Sakthan Thampuran, also known as Raja Rama Varma IX,ruled the Cochin kingdom from 1790 to 1805 and played a significant role in shaping the region. Born in 1751, he was known for his strong leadership and strategic decisions. Thampuran maintained friendly relations with both the Dutch and the British, helping secure the kingdom’s independence from Mysore and establishing ties with the British East India Company. He relocated the capital from Thrippunithura to Thrissurand developed the city’s infrastructure, inviting merchants of all religions and British officials. Thampuran also initiated the famous Thrissur Pooram festival in 1797, enhancing its cultural significance. He was known for eliminating crime in the kingdom, reforming temple management, and strengthening the kingdom’s finances. Statement 2 is incorrect; Thampuran did not sign a treaty with Tipu Sultan but maintained friendly relations with the British and the Dutch to ensure independence from Mysore.
#### 1. Question
Consider the following statements regarding Sakthan Thampuran:
• He relocated the capital of the Cochin kingdom from Thrippunithura to Thrissur.
• Sakthan Thampuran signed a treaty with Tipu Sultan to ensure the kingdom’s independence.
• He is credited with eliminating crime and reforming temple management in his kingdom.
Which of the statements given above are correct?
• a) 1 and 3 only
• b) 1 and 2 only
• c) 2 and 3 only
• d) 1, 2, and 3
Solution: a)
• Sakthan Thampuran, also known as Raja Rama Varma IX,ruled the Cochin kingdom from 1790 to 1805 and played a significant role in shaping the region.
• Born in 1751, he was known for his strong leadership and strategic decisions.
• Thampuran maintained friendly relations with both the Dutch and the British, helping secure the kingdom’s independence from Mysore and establishing ties with the British East India Company.
• He relocated the capital from Thrippunithura to Thrissurand developed the city’s infrastructure, inviting merchants of all religions and British officials.
• Thampuran also initiated the famous Thrissur Pooram festival in 1797, enhancing its cultural significance.
• He was known for eliminating crime in the kingdom, reforming temple management, and strengthening the kingdom’s finances.
Statement 2 is incorrect; Thampuran did not sign a treaty with Tipu Sultan but maintained friendly relations with the British and the Dutch to ensure independence from Mysore.
Solution: a)
• Sakthan Thampuran, also known as Raja Rama Varma IX,ruled the Cochin kingdom from 1790 to 1805 and played a significant role in shaping the region.
• Born in 1751, he was known for his strong leadership and strategic decisions.
• Thampuran maintained friendly relations with both the Dutch and the British, helping secure the kingdom’s independence from Mysore and establishing ties with the British East India Company.
• He relocated the capital from Thrippunithura to Thrissurand developed the city’s infrastructure, inviting merchants of all religions and British officials.
• Thampuran also initiated the famous Thrissur Pooram festival in 1797, enhancing its cultural significance.
• He was known for eliminating crime in the kingdom, reforming temple management, and strengthening the kingdom’s finances.
Statement 2 is incorrect; Thampuran did not sign a treaty with Tipu Sultan but maintained friendly relations with the British and the Dutch to ensure independence from Mysore.
• Question 2 of 10 2. Question 1 points Presbyopia is primarily caused by the loss of elasticity in which part of the eye? a) Retina b) Cornea c) Optic nerve d) Lens Correct Solution: d) Presbyopia occurs when the lens of the eye loses its elasticity, making it harder to focus on close objects. This condition is a natural part of aging and typically begins around the age of 40. The lens becomes less flexible, reducing its ability to change shape and focus on nearby items, which is the primary cause of presbyopia. Incorrect Solution: d) Presbyopia occurs when the lens of the eye loses its elasticity, making it harder to focus on close objects. This condition is a natural part of aging and typically begins around the age of 40. The lens becomes less flexible, reducing its ability to change shape and focus on nearby items, which is the primary cause of presbyopia.
#### 2. Question
Presbyopia is primarily caused by the loss of elasticity in which part of the eye?
• c) Optic nerve
Solution: d)
Presbyopia occurs when the lens of the eye loses its elasticity, making it harder to focus on close objects. This condition is a natural part of aging and typically begins around the age of 40. The lens becomes less flexible, reducing its ability to change shape and focus on nearby items, which is the primary cause of presbyopia.
Solution: d)
Presbyopia occurs when the lens of the eye loses its elasticity, making it harder to focus on close objects. This condition is a natural part of aging and typically begins around the age of 40. The lens becomes less flexible, reducing its ability to change shape and focus on nearby items, which is the primary cause of presbyopia.
• Question 3 of 10 3. Question 1 points Siddha medicine, a traditional system of healing, originated in which part of India? a) Kerala b) Karnataka c) Tamil Nadu d) Andhra Pradesh Correct Solution: c) Siddha medicine is a traditional system of healing that originated in Tamil Nadu, South India. It is one of the oldest medical systems known to humanity, focusing on the balance of elements in the body for health and well-being. Tamil Nadu has been a major center for the development and practice of this ancient system. Incorrect Solution: c) Siddha medicine is a traditional system of healing that originated in Tamil Nadu, South India. It is one of the oldest medical systems known to humanity, focusing on the balance of elements in the body for health and well-being. Tamil Nadu has been a major center for the development and practice of this ancient system.
#### 3. Question
Siddha medicine, a traditional system of healing, originated in which part of India?
• b) Karnataka
• c) Tamil Nadu
• d) Andhra Pradesh
Solution: c)
Siddha medicine is a traditional system of healing that originated in Tamil Nadu, South India. It is one of the oldest medical systems known to humanity, focusing on the balance of elements in the body for health and well-being. Tamil Nadu has been a major center for the development and practice of this ancient system.
Solution: c)
Siddha medicine is a traditional system of healing that originated in Tamil Nadu, South India. It is one of the oldest medical systems known to humanity, focusing on the balance of elements in the body for health and well-being. Tamil Nadu has been a major center for the development and practice of this ancient system.
• Question 4 of 10 4. Question 1 points Consider the following statements about SEBI’s updated rules for Foreign Venture Capital Investors (FVCIs): Resident Indians (RIs), Non-Resident Indians (NRIs), and Overseas Citizens of India (OCI) are allowed to contribute freely without any caps to an FVCI. The registration process for FVCIs is handled by SEBI directly. FVCIs must hold their investments in demat form starting January 1, 2025. Which of the statements given above are correct? a) 1 and 2 only b) 2 and 3 only c) 1, 2, and 3 d) 3 only Correct Solution: d) SEBI has updated the rules for the registration and eligibility of Foreign Venture Capital Investors (FVCIs). Under the new framework, the process of registering FVCIs and managing post-registration activities will be handled by designated depository participants (DDPs), similar to the system for Foreign Portfolio Investors (FPIs). Applicants must engage a DDP, which will also serve as the custodian for FVCIs. Key updates include: FVCIs must hold their investments in demat form starting January 1, 2025. Resident Indians (RIs), Non-Resident Indians (NRIs), and Overseas Citizens of India (OCI) can be contributors to an FVCI, but with limitations: no single individual can contribute more than 25%, and their combined contribution should not exceed 50%. FVCIs must appoint a domestic custodian for monitoring and reporting to SEBI. Incorrect Solution: d) SEBI has updated the rules for the registration and eligibility of Foreign Venture Capital Investors (FVCIs). Under the new framework, the process of registering FVCIs and managing post-registration activities will be handled by designated depository participants (DDPs), similar to the system for Foreign Portfolio Investors (FPIs). Applicants must engage a DDP, which will also serve as the custodian for FVCIs. Key updates include: FVCIs must hold their investments in demat form starting January 1, 2025. Resident Indians (RIs), Non-Resident Indians (NRIs), and Overseas Citizens of India (OCI) can be contributors to an FVCI, but with limitations: no single individual can contribute more than 25%, and their combined contribution should not exceed 50%. FVCIs must appoint a domestic custodian for monitoring and reporting to SEBI.
#### 4. Question
Consider the following statements about SEBI’s updated rules for Foreign Venture Capital Investors (FVCIs):
• Resident Indians (RIs), Non-Resident Indians (NRIs), and Overseas Citizens of India (OCI) are allowed to contribute freely without any caps to an FVCI.
• The registration process for FVCIs is handled by SEBI directly.
• FVCIs must hold their investments in demat form starting January 1, 2025.
Which of the statements given above are correct?
• a) 1 and 2 only
• b) 2 and 3 only
• c) 1, 2, and 3
Solution: d)
• SEBI has updated the rules for the registration and eligibility of Foreign Venture Capital Investors (FVCIs).
• Under the new framework, the process of registering FVCIs and managing post-registration activities will be handled by designated depository participants (DDPs), similar to the system for Foreign Portfolio Investors (FPIs).
• Applicants must engage a DDP, which will also serve as the custodian for FVCIs.
Key updates include:
• FVCIs must hold their investments in demat form starting January 1, 2025.
• Resident Indians (RIs), Non-Resident Indians (NRIs), and Overseas Citizens of India (OCI) can be contributors to an FVCI, but with limitations: no single individual can contribute more than 25%, and their combined contribution should not exceed 50%.
• FVCIs must appoint a domestic custodian for monitoring and reporting to SEBI.
Solution: d)
• SEBI has updated the rules for the registration and eligibility of Foreign Venture Capital Investors (FVCIs).
• Under the new framework, the process of registering FVCIs and managing post-registration activities will be handled by designated depository participants (DDPs), similar to the system for Foreign Portfolio Investors (FPIs).
• Applicants must engage a DDP, which will also serve as the custodian for FVCIs.
Key updates include:
• FVCIs must hold their investments in demat form starting January 1, 2025.
• Resident Indians (RIs), Non-Resident Indians (NRIs), and Overseas Citizens of India (OCI) can be contributors to an FVCI, but with limitations: no single individual can contribute more than 25%, and their combined contribution should not exceed 50%.
• FVCIs must appoint a domestic custodian for monitoring and reporting to SEBI.
• Question 5 of 10 5. Question 1 points Consider the following statements regarding the principles of Siddha medicine: Siddha medicine is based on the balance of five elements: earth, water, fire, air, and ether. Siddha treatments avoid the use of minerals and metals, focusing solely on herbal remedies. Siddha focuses on treating only physical ailments and does not include mental or spiritual aspects. Which of the statements given above are correct? a) 1 and 2 only b) 1 and 3 only c) 1 only d) 1, 2, and 3 Correct Solution: c) Statement 1 is correct as the Siddha system is based on balancing the five elements—earth, water, fire, air, and ether—within the body to maintain health and well-being. Statement 2 is incorrect because Siddha medicine does not avoid the use of minerals and metals; in fact, these substances play a crucial role in certain Siddha treatments alongside herbal remedies. Statement 3 is incorrect, as Siddha medicine adopts a holistic approach that includes physical, mental, and spiritual healing. Incorrect Solution: c) Statement 1 is correct as the Siddha system is based on balancing the five elements—earth, water, fire, air, and ether—within the body to maintain health and well-being. Statement 2 is incorrect because Siddha medicine does not avoid the use of minerals and metals; in fact, these substances play a crucial role in certain Siddha treatments alongside herbal remedies. Statement 3 is incorrect, as Siddha medicine adopts a holistic approach that includes physical, mental, and spiritual healing.
#### 5. Question
Consider the following statements regarding the principles of Siddha medicine:
• Siddha medicine is based on the balance of five elements: earth, water, fire, air, and ether.
• Siddha treatments avoid the use of minerals and metals, focusing solely on herbal remedies.
• Siddha focuses on treating only physical ailments and does not include mental or spiritual aspects.
Which of the statements given above are correct?
• a) 1 and 2 only
• b) 1 and 3 only
• d) 1, 2, and 3
Solution: c)
Statement 1 is correct as the Siddha system is based on balancing the five elements—earth, water, fire, air, and ether—within the body to maintain health and well-being.
Statement 2 is incorrect because Siddha medicine does not avoid the use of minerals and metals; in fact, these substances play a crucial role in certain Siddha treatments alongside herbal remedies.
Statement 3 is incorrect, as Siddha medicine adopts a holistic approach that includes physical, mental, and spiritual healing.
Solution: c)
Statement 1 is correct as the Siddha system is based on balancing the five elements—earth, water, fire, air, and ether—within the body to maintain health and well-being.
Statement 2 is incorrect because Siddha medicine does not avoid the use of minerals and metals; in fact, these substances play a crucial role in certain Siddha treatments alongside herbal remedies.
Statement 3 is incorrect, as Siddha medicine adopts a holistic approach that includes physical, mental, and spiritual healing.
• Question 6 of 10 6. Question 1 points Consider the following statements about presbyopia: Presbyopia affects the ability to focus on nearby objects. The condition progresses rapidly in young adults. Multifocal lenses are one way to manage presbyopia. How many of the above statements is/are correct? a) Only one b) Only two c) All three d) None Correct Solution: b) Statement 1 is correct as presbyopia affects the ability to focus on nearby objects due to the loss of flexibility in the lens. Statement 2 is incorrect because presbyopia is not typically seen in young adults and progresses gradually as people age, typically starting around 40 years of age. Statement 3 is correct because multifocal lenses, which provide different lens powers for near and distant vision, are one of the options used to manage presbyopia. Incorrect Solution: b) Statement 1 is correct as presbyopia affects the ability to focus on nearby objects due to the loss of flexibility in the lens. Statement 2 is incorrect because presbyopia is not typically seen in young adults and progresses gradually as people age, typically starting around 40 years of age. Statement 3 is correct because multifocal lenses, which provide different lens powers for near and distant vision, are one of the options used to manage presbyopia.
#### 6. Question
Consider the following statements about presbyopia:
• Presbyopia affects the ability to focus on nearby objects.
• The condition progresses rapidly in young adults.
• Multifocal lenses are one way to manage presbyopia.
How many of the above statements is/are correct?
• a) Only one
• b) Only two
• c) All three
Solution: b)
Statement 1 is correct as presbyopia affects the ability to focus on nearby objects due to the loss of flexibility in the lens.
Statement 2 is incorrect because presbyopia is not typically seen in young adults and progresses gradually as people age, typically starting around 40 years of age.
Statement 3 is correct because multifocal lenses, which provide different lens powers for near and distant vision, are one of the options used to manage presbyopia.
Solution: b)
Statement 1 is correct as presbyopia affects the ability to focus on nearby objects due to the loss of flexibility in the lens.
Statement 2 is incorrect because presbyopia is not typically seen in young adults and progresses gradually as people age, typically starting around 40 years of age.
Statement 3 is correct because multifocal lenses, which provide different lens powers for near and distant vision, are one of the options used to manage presbyopia.
• Question 7 of 10 7. Question 1 points Consider the following statements regarding Extended Producer Responsibility (EPR): EPR aims to hold producers accountable for the environmental impact of their products throughout their lifecycle. EPR encourages producers to take ownership of the disposal process, including recycling and waste management. EPR eliminates the role of consumers in reducing waste and pollution. How many of the above statements is/are correct? a) Only one b) Only two c) All three d) None Correct Solution: b) Statements 1 and 2 are correct. EPR holds producers accountable for the environmental impact of their products, not only during production but also during the end-of-life phase, including waste management and recycling. Statement 3 is incorrect because EPR does not eliminate the role of consumers; it complements consumer responsibility by ensuring that producers provide systems for proper disposal and recycling. Consumers still play a role in waste segregation and using eco-friendly products. Incorrect Solution: b) Statements 1 and 2 are correct. EPR holds producers accountable for the environmental impact of their products, not only during production but also during the end-of-life phase, including waste management and recycling. Statement 3 is incorrect because EPR does not eliminate the role of consumers; it complements consumer responsibility by ensuring that producers provide systems for proper disposal and recycling. Consumers still play a role in waste segregation and using eco-friendly products.
#### 7. Question
Consider the following statements regarding Extended Producer Responsibility (EPR):
• EPR aims to hold producers accountable for the environmental impact of their products throughout their lifecycle.
• EPR encourages producers to take ownership of the disposal process, including recycling and waste management.
• EPR eliminates the role of consumers in reducing waste and pollution.
How many of the above statements is/are correct?
• a) Only one
• b) Only two
• c) All three
Solution: b)
Statements 1 and 2 are correct. EPR holds producers accountable for the environmental impact of their products, not only during production but also during the end-of-life phase, including waste management and recycling.
Statement 3 is incorrect because EPR does not eliminate the role of consumers; it complements consumer responsibility by ensuring that producers provide systems for proper disposal and recycling. Consumers still play a role in waste segregation and using eco-friendly products.
Solution: b)
Statements 1 and 2 are correct. EPR holds producers accountable for the environmental impact of their products, not only during production but also during the end-of-life phase, including waste management and recycling.
Statement 3 is incorrect because EPR does not eliminate the role of consumers; it complements consumer responsibility by ensuring that producers provide systems for proper disposal and recycling. Consumers still play a role in waste segregation and using eco-friendly products.
• Question 8 of 10 8. Question 1 points Consider the following statements about the Responsible Use of Artificial Intelligence in the Military Domain (REAIM) summit: The summit discusses the implications of AI beyond just autonomous weapons, including broader military applications. India has taken a proactive role in shaping global AI norms at the summit. The US has promoted responsible AI use through national guidelines and a UN resolution. Which of the above statements are incorrect? a) 1 and 2 only b) 2 and 3 only c) 2 only d) 1, and 3 only Correct Solution: c) Statement 1 is correct, as the REAIM summit focuses on AI’s implications beyond just autonomous weapons, exploring its broader applications in military strategy, defense systems, and warfare. Statement 3 is also correct because the US has been actively promoting responsible AI use through national guidelines and a UN resolution. However, Statement 2 is incorrect, as India has been observing the developments at the summit but has not taken an active role in shaping the norms for military AI. Incorrect Solution: c) Statement 1 is correct, as the REAIM summit focuses on AI’s implications beyond just autonomous weapons, exploring its broader applications in military strategy, defense systems, and warfare. Statement 3 is also correct because the US has been actively promoting responsible AI use through national guidelines and a UN resolution. However, Statement 2 is incorrect, as India has been observing the developments at the summit but has not taken an active role in shaping the norms for military AI.
#### 8. Question
Consider the following statements about the Responsible Use of Artificial Intelligence in the Military Domain (REAIM) summit:
• The summit discusses the implications of AI beyond just autonomous weapons, including broader military applications.
• India has taken a proactive role in shaping global AI norms at the summit.
• The US has promoted responsible AI use through national guidelines and a UN resolution.
Which of the above statements are incorrect?
• a) 1 and 2 only
• b) 2 and 3 only
• d) 1, and 3 only
Solution: c)
Statement 1 is correct, as the REAIM summit focuses on AI’s implications beyond just autonomous weapons, exploring its broader applications in military strategy, defense systems, and warfare.
Statement 3 is also correct because the US has been actively promoting responsible AI use through national guidelines and a UN resolution.
However, Statement 2 is incorrect, as India has been observing the developments at the summit but has not taken an active role in shaping the norms for military AI.
Solution: c)
Statement 1 is correct, as the REAIM summit focuses on AI’s implications beyond just autonomous weapons, exploring its broader applications in military strategy, defense systems, and warfare.
Statement 3 is also correct because the US has been actively promoting responsible AI use through national guidelines and a UN resolution.
However, Statement 2 is incorrect, as India has been observing the developments at the summit but has not taken an active role in shaping the norms for military AI.
• Question 9 of 10 9. Question 1 points Consider the following statements regarding the contributions of Sakthan Thampuran: He developed Thrissur by inviting merchants of all religions and British officials. Thampuran is credited with the introduction of land revenue reforms in the Cochin kingdom. He played a key role in securing the kingdom’s finances and infrastructure development. Which of the statements given above are correct? a) 1 and 2 only b) 2 and 3 only c) 1, 2, and 3 d) 1 and 3 only Correct Solution: d) Statement 1 is correct; Sakthan Thampuran invited merchants from various religious communities and British officials to Thrissur, enhancing the city’s commercial and administrative significance. Statement 2 is incorrect as there is no direct evidence that Thampuran introduced specific land revenue reforms. Statement 3 is correct as he focused on strengthening the kingdom’s finances and developing infrastructure, contributing to the economic and administrative stability of the Cochin kingdom. Incorrect Solution: d) Statement 1 is correct; Sakthan Thampuran invited merchants from various religious communities and British officials to Thrissur, enhancing the city’s commercial and administrative significance. Statement 2 is incorrect as there is no direct evidence that Thampuran introduced specific land revenue reforms. Statement 3 is correct as he focused on strengthening the kingdom’s finances and developing infrastructure, contributing to the economic and administrative stability of the Cochin kingdom.
#### 9. Question
Consider the following statements regarding the contributions of Sakthan Thampuran:
• He developed Thrissur by inviting merchants of all religions and British officials.
• Thampuran is credited with the introduction of land revenue reforms in the Cochin kingdom.
• He played a key role in securing the kingdom’s finances and infrastructure development.
Which of the statements given above are correct?
• a) 1 and 2 only
• b) 2 and 3 only
• c) 1, 2, and 3
• d) 1 and 3 only
Solution: d)
Statement 1 is correct; Sakthan Thampuran invited merchants from various religious communities and British officials to Thrissur, enhancing the city’s commercial and administrative significance.
Statement 2 is incorrect as there is no direct evidence that Thampuran introduced specific land revenue reforms.
Statement 3 is correct as he focused on strengthening the kingdom’s finances and developing infrastructure, contributing to the economic and administrative stability of the Cochin kingdom.
Solution: d)
Statement 1 is correct; Sakthan Thampuran invited merchants from various religious communities and British officials to Thrissur, enhancing the city’s commercial and administrative significance.
Statement 2 is incorrect as there is no direct evidence that Thampuran introduced specific land revenue reforms.
Statement 3 is correct as he focused on strengthening the kingdom’s finances and developing infrastructure, contributing to the economic and administrative stability of the Cochin kingdom.
• Question 10 of 10 10. Question 1 points As per the updated SEBI rules for Foreign Venture Capital Investors (FVCIs), who is responsible for the registration process of FVCIs? a) Designated Depository Participants (DDPs) b) SEBI directly c) Reserve Bank of India (RBI) d) Ministry of Finance Correct Solution: a) Under the new SEBI framework, the registration of Foreign Venture Capital Investors (FVCIs) is now handled by Designated Depository Participants (DDPs). This mirrors the process already in place for Foreign Portfolio Investors (FPIs). The DDPs also take care of managing post-registration activities for FVCIs. Incorrect Solution: a) Under the new SEBI framework, the registration of Foreign Venture Capital Investors (FVCIs) is now handled by Designated Depository Participants (DDPs). This mirrors the process already in place for Foreign Portfolio Investors (FPIs). The DDPs also take care of managing post-registration activities for FVCIs.
#### 10. Question
As per the updated SEBI rules for Foreign Venture Capital Investors (FVCIs), who is responsible for the registration process of FVCIs?
• a) Designated Depository Participants (DDPs)
• b) SEBI directly
• c) Reserve Bank of India (RBI)
• d) Ministry of Finance
Solution: a)
Under the new SEBI framework, the registration of Foreign Venture Capital Investors (FVCIs) is now handled by Designated Depository Participants (DDPs). This mirrors the process already in place for Foreign Portfolio Investors (FPIs). The DDPs also take care of managing post-registration activities for FVCIs.
Solution: a)
Under the new SEBI framework, the registration of Foreign Venture Capital Investors (FVCIs) is now handled by Designated Depository Participants (DDPs). This mirrors the process already in place for Foreign Portfolio Investors (FPIs). The DDPs also take care of managing post-registration activities for FVCIs.
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