Current Affairs - Miscellaneous - Discussion

Discussion :: Miscellaneous - Latest Current Affairs (Q.No.112)

112. 

Which organization has tightened the rules for debt mutual funds of India for improving risk management and ensuring sufficient liquidity?

[A]. Association of Mutual Funds in India(AMFI)
[B]. Insurance Regulatory and Development Authority of India(IRDAI)
[C]. Reserve Bank of India(RBI)
[D]. Securities and Exchange Board of India(SEBI)

Answer: Option D

Explanation:

In order to improve the risk management & ensure sufficient liquidity, the regulator for the securities market in India, SEBI (Securities and Exchange Board of India) has tightened the rules for mutual funds.The new guideline comes into force from April 1, 2020.

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