Exams › IBPS PO › General Awareness

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

Correct answer: SEBI

Solution

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.

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