Quick Revision 2.3 – English

1. In the secondary market, sale/purchase investment transaction of securities by AMC are executed by the Securities Dealers of AMC.

2. Trustees of a Mutual Fund Trust are responsible for protecting the interest of:

3. An Asset management Company is to be appointed by

4. Anybody holding 40% or more of the net worth of AMC is considered to be a __________ and hence required to comply with the qualification criteria:

5. Trustees are responsible to ensure all transaction entered into by AMC are in line with ___________________ and are compliant with related regulations.

6. In a Mutual Fund, The sponsors need to appoint at least ____Trustees or can appoint a Trustee Company with at least ____Directors on its Board .