New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    In the context of SEBI's regulatory enhancements in

    2024, what is one of the purposes of the whistleblower mechanism that AMCs are required to implement?
    A To reduce operational costs Correct Answer Incorrect Answer
    B To enhance investment returns Correct Answer Incorrect Answer
    C To ensure transparency and accountability Correct Answer Incorrect Answer
    D To diversify investment portfolios Correct Answer Incorrect Answer
    E To increase market share Correct Answer Incorrect Answer

    Solution

    SEBI's directive for Asset Management Companies to implement a whistleblower mechanism aims to increase responsibility and accountability, ensuring that AMCs maintain transparency in their operations.

    Practice Next

    Relevant for Exams: