BANK SBI Clerk Mock Test Series 2025 (Pre + Mains) Current Affairs Business and Economy Banking Affairs
Consider the following statements regarding the Specialized Investment Fund (SIF) framework introduced by SEBI in February 2025:
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The SIF framework aims to address gaps between Mutual Funds and Portfolio Management Services.
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Only Asset Management Companies (AMCs) with a minimum AUM of Rs 5,000 crore over the last 3 years can launch SIFs.
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The framework will be effective from April 1, 2025.
Which of the above statements is/are correct?
1
Only 1 and 2
2
Only 2 and 3
3
Only 1 and 3
4
Only 2
5
Only 3