Question

    Which entity has approved changes to mutual fund

    regulations to prevent potential market abuses, including frontrunning?
    A RBI Correct Answer Incorrect Answer
    B NABARD Correct Answer Incorrect Answer
    C SEBI Correct Answer Incorrect Answer
    D IRDAI Correct Answer Incorrect Answer
    E Ministry of Finance Correct Answer Incorrect Answer

    Solution

    The Securities and Exchange Board of India (SEBI) is mandating Asset Management Companies (AMCs) to establish an institutional mechanism to prevent potential market abuses, including frontrunning.

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