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·        SEBI has come out with a new framework which will put a cap on investment made by actively managed mutual fund schemes in a single company's debt instrument. ·        At present, such caps are already in place for passive funds such as Exchange Traded Funds (ETFs) and index funds in a bid to effectively manage the risk associated with such investments. ·        Under this, a mutual fund scheme will not invest more than 10 per cent of its Net Asset Value (NAV) in debt instruments and money market securities rated AAA by a Credit Rating Agency (CRA). ·        The single issuer limit on such securities rated AA is set at 8 per cent, while the same is 6 per cent and below for A-rated securities. ·        The investment limits may be extended by up to 2 per cent of the NAV of the scheme with prior approval of the Board of Trustees and Board of Directors of the Asset Management Company (AMC), subject to compliance with the overall 12 per cent limit.
Directions: In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark...
The fall in (A)/the number of deaths from heart disease (B)/are generally attributed to (C)/improvements in diet (D).
Spot the grammatical errors in the given sentence. Mark the part with error as your answer. If there is no error, mark "No error" as the answer. (Ignor...
I. I’m accustomed for an early start.
       II. The struggle to keep the internet free get a welcome shot on Tuesday.
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Identify the segment in the sentence, which contains a grammatical error. If there is no error, select 'No error'.
The audience were beginning to...
After the World War II and the recognition of Poland’s government by Great Britain, the refugees is asked to return to Poland.
Thousands of scientific investigation have confirmed the association of smoking with the number of  diseases.Â
As soon as the TV set (A) / was installed, the quiet (B) / stillness that had existed in (C) / my aunt’s house had vanished. (D) / No Error (E)
The Sweden based company is hopeful of replicating the success it has seen in its PC business even as competition in the segment is heating up by the day.
Directions: In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark ...