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Current Affairs - Miscellaneous - Discussion

Discussion Forum : Miscellaneous - Latest Current Affairs (Q.No. 228)
2023-07-31 Miscellaneous
228.
What is the purpose of the Guarantee Scheme for Corporate Debt (GSCD) associated with the CDMDF?
To provide insurance coverage for corporate debt securities held by mutual funds.
To offer a guarantee against debt raised by the CDMDF during market dislocation.
To protect investors from losses in the corporate debt market.
To regulate the functioning of corporate debt markets in India.
Answer: Option
Explanation:
The GSCD aims to offer guarantee cover against debt raised or to be raised by the CDMDF, adding stability to the market in times of dislocation.
Discussion:
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