The Securities and Exchange Board of India (SEBI) has issued a detailed circular, which will put the onus on mutual fund (MF) trustees to protect unitholders’ interests. These include monitoring fees and expenses, prevention of mis-selling and front running and conflict of interest between various stakeholders. The market regulator has stated that asset management companies (AMCs) shall constitute a unit holder protection committee (UHPC) to oversee the protection of unit holders’ interests, adoption of sound and healthy market practices, and compliance with laws/regulations or other related processes. Further, the UHPC must keep unit holders well informed about and educate them on MF products, the investor charter, and complaint-handling procedures. It shall submit its observations, along with recommendations periodically to the board of the AMC.
Which keyword is used to allocate dynamic memory in C++?
In which part of a function are local variables typically declared?
Attributes that do not exist in the physical database, but their values are derived from other attributes present in the database.
What is the purpose of the "GROUP BY" clause in an SQL query?
In a compiler, keywords of a language are recognized during
Which type of variable has the widest scope and can be accessed from any part of the program?
Sending a packet to all destination simultaneously is called
Which tree traversal visits the nodes in the order: left, root, right?
What is machine learning?
In dynamic programming, what is memoization?
