Question
The Securities and Exchange Board of India (SEBI) and
Association of Portfolio Managers in India (APMI) will jointly set standards for performance audit of portfolio management services (PMS) players. After SEBI’s recent tightening of norms, PMS players are required to conduct a performance audit annually and submit a report within _____ days after the end of a financial year.ÂSolution
The Securities and Exchange Board of India (SEBI) and Association of Portfolio Managers in India (APMI) will jointly set standards for performance audit of portfolio management services (PMS) players.  After SEBI’s recent tightening of norms, PMS players are required to conduct a performance audit annually and submit a report within 60 days after the end of a financial year. This performance audit needs to consider all clients' portfolios managed by the PMS. However, performance of advisory clients can be excluded only if it is not published in any marketing material or website. The standard specified by APMI will be effective from October 1,2023.
Capitulation
In each of the following questions, three out of four words given have the same meaning. Mark the number as your answer which is different in ...
In each of the following sentences, choose the word similar in meaning to the bold word to fill in the blank.
The turbulent sea was mirrored b...
Something that is about to happen
Each of the following questions consists of two words which have a relationship to each other. This is followed by four pairs of related words. Choose t...
- Identify the most appropriate ANTONYM of the given word.
Expand - Select the most appropriate ANTONYM of the bold word.
The company managed to thrive in a competitive market, outshining its competitors.
... Select the most appropriate synonym of the given word:
Candid
In the following questions, choose the word opposite in meaning to the given word.
EXPANDÂ
Select the most appropriate synonym of the given word.Â
EVIDENCE
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