2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Who will chaired the committee by SEBI regarding matter related to Mutual Funds Industries?
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Ram, esh Chauhan
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Ajit Malik
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Usha Thorat
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K K Mishra
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Explanation:
Detailed explanation-1: -SEBI, the market regulator, has revamped its mutual fund advisory committee. According to the latest update with the Securities and Exchange Board of India (Sebi), the 25-member advisory council will be chaired by Usha Thorat, a former Deputy Governor of the Reserve Bank of India (RBI).
Detailed explanation-2: -sebi: Sebi rejigs mutual fund advisory committee - The Economic Times.
Detailed explanation-3: -Custodian, who is required to be registered with SEBI, holds the securities of various schemes of the fund in its custody. The trustees are vested with the general power of superintendence and direction over AMC. They monitor the performance and compliance of SEBI Regulations by the mutual fund.
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