Question

    Which initiative by SEBI aims to enhance the resilience of the mutual fund ecosystem in India?

    A Introduction of blockchain technology in mutual funds Correct Answer Incorrect Answer
    B Industry-wide stress tests Correct Answer Incorrect Answer
    C Launch of a new risk-based mutual fund classification Correct Answer Incorrect Answer
    D Establishment of a centralized fund management system Correct Answer Incorrect Answer
    E Introduction of artificial intelligence in fund management Correct Answer Incorrect Answer

    Solution

    SEBI has directed the mutual fund industry to conduct objective and credible industry-wide stress tests to enhance resilience and prepare for potential adverse scenarios, ensuring stability during market stress.

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