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

    Question

    RBI issued a 2024 circular to Asset Management Companies

    (AMCs) regarding which of the following?
    A Lending norms Correct Answer Incorrect Answer
    B Mutual Fund expense ratios Correct Answer Incorrect Answer
    C Customer grievance timelines Correct Answer Incorrect Answer
    D Corporate bond exposures Correct Answer Incorrect Answer
    E Digital KYC authentication Correct Answer Incorrect Answer

    Solution

    Explanation: In 2024, RBI issued a circular to AMCs to maintain prudent exposure limits in corporate bonds, to avoid over-concentration in debt securities and ensure liquidity buffers.

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