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SEBI makes OTP validation a must for mutual fund investments from FY24 The Securities and Exchanges Board of India (SEBI) has extended the two-factor authentication rule presently applicable on mutual fund (MF) redemptions to include MF subscription transactions as well. Investors will have to authenticate new investments in mutual funds through a one-time password from April 1, 2023. For offline transactions, the validation will happen through signature. Learn Along: SEBI Headquarters: Mumbai Chairman: Madhabi Puri Buch A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio.
Suppose x and y are two positive numbers such that when x is reduced by 2 and y is increased by 2, the ratio becomes 2:1; and when x is increased by 2 a...
Harsha was defeated by which of the following?
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1. The Constitution of India does not explicitly declare capital punishment as unconstitutional.
2. A c...
A company’s financial details as of 31.03.2023 are as follows:
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(Note: Operations should be performed o...
Which film received the best Feature Film award in 68th National Film Awards?
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What is the Standard International Unit (SIU) of measurement of light (Illumination)?
Suresh earned an interest of Rs. 903 on principal amount of Rs. 2800 at some rate of compound interest in 2 years. How much more/less interest would he ...
