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      Question

      Which regulatory body introduced the asset class under

      which Mutual Funds Lite (MF Lite) schemes would fall, offering greater flexibility to investors in 2024?
      A RBI Correct Answer Incorrect Answer
      B SEBI Correct Answer Incorrect Answer
      C IRDAI Correct Answer Incorrect Answer
      D Ministry of Finance Correct Answer Incorrect Answer
      E NPCI Correct Answer Incorrect Answer

      Solution

      SEBI introduced the Mutual Funds Lite (MF Lite) framework, offering passively managed schemes for investors with greater flexibility and risk-taking capabilities.

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