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    Question

    What is the main goal of the SEBIdirected industrywide

    stress tests for the mutual fund industry?
    A Increase fund returns Correct Answer Incorrect Answer
    B Reduce management fees Correct Answer Incorrect Answer
    C Enhance risk communication Correct Answer Incorrect Answer
    D Enhance resilience during market stress Correct Answer Incorrect Answer
    E Boost investor confidence Correct Answer Incorrect Answer

    Solution

    SEBI directed the mutual fund industry to conduct stress tests to prepare for potential adverse scenarios and enhance resilience during market stress

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