Question
SEBI has announced to establish two working groups under
the chairmanship of whom to review the role and eligibility of a sponsor of a mutual fund?Solution
• SEBI announced the formation of two working groups to review the role and eligibility of a sponsor of a mutual fund. • The first group will look at an alternative set of eligibility requirements to enable new players, who otherwise may not have been eligible, to act as sponsors. • The other group will look at streamlining the role and obligations of trustees of mutual funds. • SEBI has formed a working group under the chairmanship of A Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC, and chairman of AMFI (Association of Mutual Funds in India). • The working group will also examine the need for sponsor to dilute its stake in asset management company (AMC) from the existing requirement of holding at least 40% of the net worth.
In case, my product does not confirm with product standards specified by FSSAI, but a combination of various standardized product, do I need to apply ...
Journal of Tropical Agriculture is published half yearly by _______
The pest which can be managed by minimizing field gleanings is?
The guidelines for Intellectual property management and commercialization of technologies in the ICAR came into operation with effect from 2a October,
Match List I with list II
What is the primary purpose of the Polymerase Chain Reaction (PCR) technique?
The presence of Escherichia coli in water in high amount is a strong indication of
As per the fourth advanced estimates the estimated total foodgrain production (2021-22) in India is _____
Who discovered that the potato spindle tuber disease was caused by small naked ssRNA and called it a viroid?
Which crop is known as “Gold of America”?               Â