📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      SEBI reduced the brokerage cap for cash market transactions to: 

      A 10 basis points Correct Answer Incorrect Answer
      B 8 basis points Correct Answer Incorrect Answer
      C 6 basis points Correct Answer Incorrect Answer
      D 4 basis points Correct Answer Incorrect Answer
      E 2 basis points Correct Answer Incorrect Answer

      Solution

      As part of its review of decades-old brokerage norms, SEBI reduced the brokerage cap to 6 basis points for cash markets, while derivatives brokerage was capped at 2 basis points. This move aims to lower investor costs and simplify mutual fund expense structures.  

      Practice Next
      More Daily Beepedia Current Affairs Questions

      Relevant for Exams:

      ask-question