Question
___________ is mutual funds writing off the principal
amount and the interest in case of a default?Solution
According to SEBI guidelines, any security which has a rating below BBB- is considered to be below investment grade. Haircut is mutual funds writing off the principal amount and the interest in case of a default. Association of Mutual Funds in India (AMFI) has recently issued guidelines on how fund managers should write down debt and handle below investment grade paper. An asset management company (AMC) is a firm that invests pooled funds from clients, putting the capital to work through different investments including stocks, bonds, real estate, master limited partnerships, and more. AMC managers are compensated via fees, usually a percentage of a client's assets under management. Life Insurance Corporation of India with assets of Rs 42 trillion, said it realised gains of Rs 42,000 crore from its investment in the equity markets in financial year 2021-22, an increase of 16.6 % from Rs 36,000 crore in FY21. LIC invests approximately 25 per cent of its assets under management (AUM) in the equity market. Out of the total AUM of Rs 42 trillion, 25% is in the equity market. LIC’s yield on investments dropped to 8.55% in FY22 compared with 8.69% in FY21.
There were spelling and grammar ……………, a pitiful ………….. of her ………….. schooling.
...The courier boy informed that he will __________ the parcel by evening.
(A) Convey (B) remit �...
Select the most appropriate option to fill in the blank.
Rocky as well as his friends always _____ the permission of his mother before going for ...
I. The number of students _________ in English-medium schools has doubled within two years.
II. They _____________ him as a jury member.
A Toss-Up
I.We are hopeful that the heavy rains predicted for next week will ______ the drought.
II.Calcium supplements can positively ______ one’s ...
Fill in the blanks with the most appropriate word from among the choices given below them.
She is wearing a woollen. ____
The continuing failure of the Myanmar government to act decisively and urgently to protect civilians from the raging crossfire between the security for...
The new software was ____________to streamline the efficiency of the workflow and reduce the time required for completion of tasks.
The following statements have two blanks which are to be filled in with options given below. Choose the correct combination of words in the same order...