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    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.  

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