Question
What has SEBI asked AIFs to disclose to investors while
on-boarding them?Solution
The Securities and Exchange Board of India (SEBI) has asked Alternative Investment Funds(AIFs) to provide the option of direct plans for its investors. Through such plans, investors can participate in an AIF without having to pay any distribution fee or placement fee. AIFs are funds that cater to wealthy individuals willing to invest more than ₹1 crore in a single go.The regulator has also asked the AIFs to disclose distribution fees to the investors while on-boarding them. Also, for category III AIFs, which invest in listed securities, the distribution fee needs to be charged on a trail basis. These measures have been brought in to enhance the transparency and curb misspelling.
Name the bank which has been recently put by RBI under Corrective Action Framework (PCA).
Consider the following statements in regards to 38th Amendment Act, 1975:
1. This Act amended Articles 123, 213 and 352 of the Constitution
<...Gupta inscriptions suggest that there were small kingdoms of Nag clans in north India (especially Garhwal), which Gupta king ruled over Nag Chieftains?
Who won the Syed Mushtaq Ali cricket trophy?
Which of the following Planet is known as ‘Winter Planet’?
With which of the following type of loans the term “teaser rate” is associated?
Which city is known as the Gate-way of Rajasthan ?
Saina Nehwal reached the final of the Indonesia Masters Super 500 tournament by defeating _______?
When was the World Wide Web (WWW) created by Tim Berners-Lee?
Which ministry has launched the 'Vishvasya-Blockchain Technology Stack'?
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