RBI issued a 2024 circular to Asset Management Companies

Q: Answer-RBI issued a 2024 circular to Asset Management Companies (AMCs) regarding which of the following?

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.

(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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