Start learning 50% faster. Sign in now
The Securities and Exchange Board of India (SEBI) has eased regulatory compliance for alternative investment funds (AIFs) regarding dematerialisation, diluted its regulatory framework for index providers, and reduced the minimum issue size and application amount for social stock exchange. Instead of bringing all index providers under regulatory scrutiny, SEBI will now mandate registration for those offering 'significant indices', defined as those with substantial assets under management. Introducing a framework for Small and Medium Real Estate Investment Trusts (REITs), SEBI announced the migration of current fractional ownership platforms (FOPs) will be voluntary. The asset value for such REITs must be at least Rs 50 crore, compared to the Rs 500 crore required for larger REITs. It stated that any fresh investment by AIFs beyond September 2024 must be held in dematerialised form only.The market regulator has mandated the appointment of custodians for Category II and I AIFs with a corpus exceeding Rs 500 crore. Currently, only Category III AIFs are required to do so. SEBI also approved reducing the issue size for non-profit organizations raising funds through Zero Coupon Zero Principal Instruments (ZCZP) from Rs 1 crore to Rs 50 lakh. Furthermore, the minimum application size has been reduced to Rs 10,000 from Rs 2 lakh to encourage broader retail investor participation.
The Reserve Bank regulates the banking functions of StCBs/DCCBs/UCBs under the provisions of ________________ of the Banking Regulation Act, 1949 (As Ap...
Which of the following Statements about the Panchayat Raj Institutions is/are True?
I- The 73rd Amendment added a new Part IX to the Constitution...
Consider the following Statements about:
(1) In India, commercial energy consumption is more than non-commercial energy consumption.
(2) C...
Which of the following correctly describes an Open Economy?
Which primary objective of the Pradhan Mantri Ayushman Bharat Yojana aims to alleviate the financial burden of healthcare on low-income households?
In Stand Up India Scheme “women, SC & ST category” will get e loans for greenfield enterprises in manufacturing, services or the trading sector and ...
________________ is a scheme in mission mode implemented by Ministry of Women and Child Development aimed at strengthening interventions for women safet...
Which of the following is/are the objectives of DAY-NRLM?
PM Suraksha Bima yojana is an affordable insurance scheme for the poor and underprivileged people in the age group of?
Consider the following Statements about Samagra Shiksha Abhiyan and choose the option with correct Statements.
(1) Samagra Shiksha Abhiyan was la...