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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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