Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 2)
2.
Which organisation partnered with the Department of Posts to distribute mutual fund products through post offices across India?
Answer: Option
Explanation:
The Department of Posts signed a Memorandum of Understanding with the National Stock Exchange (NSE) to enable the distribution of mutual fund products through India Post’s extensive network. Under this partnership, selected and certified postal employees will be trained and onboarded as mutual fund distributors using NSE’s platform. This initiative aims to expand access to mutual fund investments, especially in rural and semi-urban areas, by leveraging the widespread reach and trusted presence of post offices. The collaboration is a significant step toward promoting financial inclusion and increasing retail participation in capital markets across the country.
Discussion:
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