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    Question

    In the context of SEBI's regulatory enhancements in

    2024, what is one of the purposes of the whistleblower mechanism that AMCs are required to implement?
    A To reduce operational costs Correct Answer Incorrect Answer
    B To enhance investment returns Correct Answer Incorrect Answer
    C To ensure transparency and accountability Correct Answer Incorrect Answer
    D To diversify investment portfolios Correct Answer Incorrect Answer
    E To increase market share Correct Answer Incorrect Answer

    Solution

    SEBI's directive for Asset Management Companies to implement a whistleblower mechanism aims to increase responsibility and accountability, ensuring that AMCs maintain transparency in their operations.

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