Current Affairs · Mutual Fund Regulations
Consider the following statements regarding SEBI's proposed changes to Regulation 24 governing Asset Management Companies (AMCs): 1. The changes aim to allow AMCs to engage with non-broad-based foreign pooled funds. 2. Regulation 24 restricts AMCs to core asset management functions. 3. The changes are intended to improve operational efficiency and attract global capital into India. 4. AMCs will be allowed to act as Points of Presence (PoPs) under the National Pension System (NPS). 5. The proposal mandates complete separation of domestic and foreign fund management staff. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 12, 4, and 5 only
- 21, 2, and 4 only
- 31, 2, 3, and 4 only✓
- 42, 3, and 5 only
Correct answer
1, 2, 3, and 4 only
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