Current Affairs · Fintech and Mutual Funds
Consider the following statements regarding fintech integrations involving Asset Management Companies (AMCs) that combine liquid mutual funds with Unified Payments Interface (UPI) systems: 1. These systems allow retail investors to channel idle funds into liquid asset portfolios while offering instant redemption support via the UPI ecosystem. 2. The structural mechanism provides immediate liquidity benefits, reducing traditional settlement lags associated with historical debt instruments. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither 1 nor 2
- 2Only 2
- 3Both 1 and 2✓
- 4Only 1
Correct answer
Both 1 and 2
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