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      Question

      The Reserve Bank of India (RBI) introduced timelines for

      deploying funds raised through NFOs. What is the timeline for fund managers to allocate funds?
      A 30 days Correct Answer Incorrect Answer
      B 45 days Correct Answer Incorrect Answer
      C 60 days Correct Answer Incorrect Answer
      D 90 days Correct Answer Incorrect Answer
      E 120 days Correct Answer Incorrect Answer

      Solution

      SEBI has set a timeline of 30 days for fund managers to allocate funds raised through New Fund Offers (NFOs) as per the scheme's asset allocation. This aims to enhance transparency and ensure timely deployment of investor funds.

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