Important Points for IC 26 - Life Insurance Finance Exam
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The BSE and the NSE are the two active stock exchanges in India.
SEBI is the stock market regulator in India.
NSDL and CSDL are SEBI authorized depositories.
Money market securities are instruments with maturity of not more than one year.
A mutual fund is a professional collective investment scheme that pools money from investors with a common objective; to invest it in stocks, bonds, money market instruments and any other securities as notified by SEBI.