Recently, to address the growing froth in small-cap funds, SEBI mandated a specific test to ensure these funds can manage sudden large redemptions. What is this test called?
The Securities and Exchange Board of India (SEBI) has expressed concerns regarding the accumulation of excessive speculation, or "froth," in small-cap funds. To mitigate potential risks from this volatility, SEBI has required that these funds be prepared to handle sudden, large withdrawal requests by investors, ensuring they have adequate liquidity and a solid plan for quickly liquidating assets if needed. Accordingly, the Association of Mutual Funds in India (AMFI) has directed Asset Management Companies (AMCs) to conduct 'stress tests' on their financial schemes. These tests are designed to assess the funds' ability to cope with extreme financial pressures and maintain operational stability under adverse market conditions.
Recently Prime Minister Narendra Modi and United Nations Secretary-General Antonio Guterres on October 20 launched a a global plan of action ______.
The Comptroller and Auditor General (C&AG) of India is the Chair of the Supreme Audit Institutions-20 (SAI20) Engagement Group under India's G20 Presid...
What significant collaboration was highlighted at the 'Lok Samvardhan Parv' event, and which organizations participated in the marketing linkages?
The Himachal Pradesh government has increased the prize money for medal winners in international championships. How much will a gold medalist in the Oly...
Prime Minister Shri Narendra Modi on 11 December 2022, flagged off 6th Vande Bharat Express connecting Nagpur and which of the following city?
What is the total outlay approved by the Union Cabinet for the Viability Gap Funding (VGF) Scheme for Offshore Wind Energy Projects?
Which major investment is ONGC planning to make to meet its net zero emission target?
SEBI has made the manager and key management personnels of Alternative Investment Fund (AIF) responsible for appointing an independent valuer of asset,...
As per the meeting of the Monetary Policy Committee in Dec 2022, CPI Inflation is projected at ____ % in 2022-23.
Air India and its wholly-owned subsidiary of _______.