CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who launched BSE StAR MF app to help mutual fund distributors to accelerate transactions process
A
BSE
B
NSE
C
Shenzhen Stock Exchange
D
Copenhagen Stock Exchange
Explanation: 

Detailed explanation-1: -BSE launched its BSE StAR MF platform on December 4, 2009 in the presence of Mr. C B Bhave, SEBI Chairman. The platform would be available from 9 a.m. to 3 p.m. on all working days of the exchange.

Detailed explanation-2: -Stock exchange BSE on Monday announced the launch of StAR MF Plus, a premium platform with key features for distributors and their clients.

Detailed explanation-3: -BSE Star MF platform is a web based MF distribution platform which acts as an aggregator in collecting MF orders from distributors (IFAs, MFDs, RIA etc), collecting funds and providing both orders and funds seamlessly to the AMCs.

Detailed explanation-4: -Individuals, HUF and Corporate Body can participate in StAR MF subject to completing the KYC procedure. In case of a minor, the guardian would have to be KYC compliant. 4.

Detailed explanation-5: -Yes, Nivesh is the best mutual fund distributor platform to manage your business. By joining the platform, you can provide an enhanced experience to your customers.

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