Question
Recently Securities and Exchanges Board of India (SEBI)
makes OTP validation a must for mutual fund investments from which Financial year?Solution
SEBI makes OTP validation a must for mutual fund investments from FY24 The Securities and Exchanges Board of India (SEBI) has extended the two-factor authentication rule presently applicable on mutual fund (MF) redemptions to include MF subscription transactions as well. Investors will have to authenticate new investments in mutual funds through a one-time password from April 1, 2023. For offline transactions, the validation will happen through signature. Learn Along: SEBI Headquarters: Mumbai Chairman: Madhabi Puri Buch A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio.
Three individuals – Ria, Tia, and Mia – are discussing their ages. The age of Ria 8 years ago was one-third of Tia’s age 4 years from now. The tot...
The average age of (x + 3) participants in a seminar is 18 years. If a 54-year-old organizer joins them, the average age rises by 1 year. Find x% of 400.
7 years ago, the age ratio between ‘M’ and ‘N’ was 4:5. Present average age of ‘M’ and ‘O’ is 70 years. Determine the current age of ‘...
The sum of the present ages of two cousins is 54 years. Eleven years ago, the older one was thrice as old as the younger one. What is the present age of...
In a family a couple has a son and a daughter. The age of the father is four times that of his son and age of her daughter is half of her mother. The wi...
The average age of (x + 3) students is 20 years. When their teacher aged 35 years joins them, the average increases by 1 year. Find x% of 400.
Average of present ages of A and B is 30 years. Ratio of age of A to age of B, after 10 years will be 7:9, respectively. What will be the ratio of their...
Four years ago from now, the ages of 'A' and 'B' were in the ratio 7:5, respectively. Ten years ago from now, the ages of 'A' and 'B' were in the ratio...
The heights (in cm) of 9 basketball players in a tournament are as follows: 178, 182, 175, 180, 184, 179, 177, 181, 183
Find the median height of...
7 years ago, Meera’s age was equal to the Heena’s present age. The sum of Meera’s age 10 years from now and Heena’s age 5 years ago is 94 yea...
Relevant for Exams:
