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      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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