📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    According to the data provided by RBI, which of the

    following recorded a 150 % jump in gross inflows from retail investors during 2021-22 (FY22)?
    A Share Market Correct Answer Incorrect Answer
    B Bonds Correct Answer Incorrect Answer
    C Mutual Funds Correct Answer Incorrect Answer
    D Loans Correct Answer Incorrect Answer
    E Holdings Correct Answer Incorrect Answer

    Solution

    According to the data provided by RBI,Mutual funds (MFs) recorded a 150 percent jump in gross inflows from retail investors during 2021-22 (FY22), even as overall household savings declined 19 percent year-on-year. In FY22, domestic MFs received Rs 1.6 trillion gross inflows from households. Given that households saved a total of Rs 25 trillion in the last financial year, the share of MFs in total gross savings stood at 6.3 per cent — the highest in four financial years. In fact, gross inflows into MFs were the highest in at least a decade. RBI Headquarters: Mumbai Governor: Shaktikanta Das Deputy Governors: MK Jain, MD Patra, M Rajeshwar Rao and T. Rabi Sankar

    Practice Next
    More Beepedia Questions

    Relevant for Exams:

    ask-question