New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    According to a circular of 2020, by market regulator

    Sebi, open-ended debt mutual funds are required to hold at least what percentage of their corpus in liquid assets?
    A 5% Correct Answer Incorrect Answer
    B 10% Correct Answer Incorrect Answer
    C 15% Correct Answer Incorrect Answer
    D 20% Correct Answer Incorrect Answer
    E 25% Correct Answer Incorrect Answer

    Solution

    Market regulator Sebi has come out with a circular requiring open ended debt mutual funds to hold at least 10% of their corpus in liquid assets. Liquid Assets are defined as cash, treasury bills, government securities and repo on government securities

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