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    • Question

      What is the primary function of SEBI’s newly launched

      MITRA platform?
      A Recover inactive and unclaimed mutual fund folios Correct Answer Incorrect Answer
      B Monitor stock market transactions Correct Answer Incorrect Answer
      C Regulate high-frequency trading Correct Answer Incorrect Answer
      D Detect insider trading activities Correct Answer Incorrect Answer
      E Enhance SME investment tracking Correct Answer Incorrect Answer

      Solution

      SEBI launched MITRA (Mutual Fund Investment Tracing and Retrieval Assistant) to help investors track inactive and unclaimed mutual fund folios. A folio is classified inactive if no transactions occur for 10 years. MITRA allows rightful claimants to retrieve lost investments.

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