Question

What is the purpose of the facility to upload transactions like Stock Splits, Dividend Receipts, etc., in the System?

a.

To monitor and control Inter Fund Transfer transactions

b.

To ensure compliance with regulatory requirements

c.

To compute NAV and portfolio valuation

d.

To identify and manage credit risks

Answer: (c).To compute NAV and portfolio valuation Explanation:The System is required to have the facility to upload certain important transactions like Stock Splits, Dividend Receipts, Right Issue, Buy Back, Bonus Issue, etc., for computation of NAV and portfolio valuation.

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Q. What is the purpose of the facility to upload transactions like Stock Splits, Dividend Receipts, etc., in the System?

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