CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SEBI withdrew how much percent on investments by FPI in corporate bonds?
A
28 %
B
23 %
C
20 %
D
18 %
Explanation: 

Detailed explanation-1: -The limits for FPI investment in Government securities (G-secs), State Development Loans (SDLs) and corporate bonds shall remain unchanged at 6%, 2% and 15% respectively, of outstanding stocks of securities for FY 2022-23.

Detailed explanation-2: -The FII Regulations provide that investments by each FII/ SA shall not exceed ten percent of the total issued capital of an Indian company, while in the FPI regulations the applicable investment limit for each FPI is below ten percent.

Detailed explanation-3: -On Wednesday, the RBI expanded the basket of securities which fall under the ‘Fully Accessible Route’ for FPIs to include 7-year and 14-year sovereign bonds. Prior to this, FPIs were only allowed unrestricted investment in 5-year, 10-year and 30-year bonds.

Detailed explanation-4: -The total FPI sell figure through the exchange for CY 2022 is ₹1,46,048 crore.” But Vijayakumar also revealed that FPIs have invested ₹24608 crore through the primary market in 2023. This takes the net capital outflows to ₹121439 crores.

There is 1 question to complete.