BANKING GENERAL KNOWLEDGE
Question
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According to SEBI, how many countries have been tagged as “high-risk jurisdictions” by global banks acting as custodians for foreign funds?
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34
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25
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29
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21
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Explanation:
Detailed explanation-1: -Sebi-registered foreign portfolio funds invest in India through 56 countries. Of these, 25 are now considered ‘high risk’. While this is aimed at curbing the use of these jurisdictions for fund round-tripping, some fear it could impact genuine investors.
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