Question

What step did SEBI take to introduce more flexibility for mutual fund managers in 1996?

a.

Imposing stricter regulations

b.

Reducing transparency

c.

Liberalising regulations with greater transparency, disclosure, and accountability

d.

Restricting the establishment of new mutual funds

Answer: (c).Liberalising regulations with greater transparency, disclosure, and accountability Explanation:In 1996, SEBI revised regulations for mutual funds, providing more flexibility for fund managers with greater transparency, disclosure, and accountability.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What step did SEBI take to introduce more flexibility for mutual fund managers in 1996?

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. What is the purpose of the mark-to-market margins enforced by SEBI?

Q. Which organization was set up under the supervision of SEBI for clearing and settlement of trades by NSE?

Q. What development significantly reduced the settlement cycle in both equity and debt trading?

Q. What did SEBI allow Indian companies to access in international capital markets?

Q. What documents are required for public disclosure when a company offers securities in the Indian capital market?

Q. After a security is listed on a stock exchange, what is the issuing company required to disclose under the listing agreement?

Q. What characterizes the primary markets?

Q. Where do existing stocks or securities get traded in the secondary markets?

Q. What is the primary market also known as?

Q. What does the secondary market deal with?

Q. Which stock exchange is considered one of the oldest in Asia and started its operation in 1875?

Q. In terms of economic development, how is the Indian equity market considered?

Q. As of May 2014, what is the total market capitalization commanded by the companies listed on BSE?

Q. How many companies are listed on BSE as of May 2014?

Q. What characterizes the status of the debt market in India?

Q. What type of funds primarily invest in the shares of well-established companies?

Q. What characterizes Mid/Small-cap Funds in the context of mutual funds?

Q. When were mutual funds opened to the private sector in India?

Q. Who broke the monopoly of the Unit Trust of India (UTI) in the mutual fund business in 1987?

Q. What trading process was used in Indian markets before 1995?

Recommended Subjects

Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!