Question
What is the underlying reason for SEBI's permission to
allow stock brokers and clearing members to park client funds in mutual fund overnight schemes?Solution
Capital market regulator SEBI has allowed stock brokers and clearing members to park client funds in mutual fund overnight schemes as they invest only in risk-free government securities Brokers and clearing members should ensure that the overnight schemes invest only in government bond, overnight repo markets and overnight Tri-party Repo Dealing and Settlement (TREPS). Such Mutual Fund Overnight Schemes (MFOS) units should be in dematerialised (demat) form and must necessarily be pledged with a clearing corporation at all times.
In the following question, four alternatives are given for the Idiom/Phrase given in bold in the sentence. Choose the alternative which best expresses ...
Select the most appropriate meaning of the given idiom.
At loggerheads
Select the most appropriate meaning of the given idiom.
In the same breath
If you want to be a politician, you'll do much better if you were born with the gift of gab .
Select the most appropriate meaning of the given idiom.
The trouble makers took to their heels when they saw the police coming.
...In each of the following questions, an idiomatic expression/a proverb has been Highlighted – followed by four alternatives. Choose the one which best...
She can’t keep her head above water with all of the new orders.
Once in a while
When the detective pointed out the smallest detail that connected all the evidence together, he hit the nail on the head and uncovered the true identity...
Go to the dogs
Relevant for Exams:
