IBPS PO General Awareness: Financial Markets and Regulations questions with solutions

Q1. Which of the following organizations released the rules for dividend distribution in mutual funds, which came into effect from January 2021?

1. RBI
2. NABARD
3. SEBI
4. Ministry of Finance

Answer: SEBI

SEBI is the regulator for securities markets and mutual funds in India. Therefore, it issued the rules related to dividend distribution in mutual funds effective from January 2021.