Current Affairs - Business - Discussion

Discussion :: Business - Latest Current Affairs (Q.No.52)

52. 

Which AMC has recently launched 1st Corporate bond ETF?

[A]. Global Investment House
[B]. KB Kookmin Bank
[C]. Edelweiss Asset Management Company
[D]. Aditya Birla Sun Life Asset Management Company Ltd.

Answer: Option C

Explanation:

Edelweiss Asset Management Company (AMC), a subsidiary of Edelweiss Capital Limited (ECL) has launched India's 1st Corporate Bond ETF (exchange trade fund) called the Bharat Bond ETF. The ETF is a government initiative and Edelweiss AMC was given the mandate to design and manage the product.

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