HPSC Prelims Exam 2023
- Corporate Debt Market Development Fund (CDMDF): It is an alternative investment fund set up to cater to the corporate debt market in India and it would be launched as a close-ended scheme.
- CDMDF acts as a backstop facility for investment-grade corporate debt securities, providing stability as well as enhancing investor confidence in the market.
- The CDMDF aims to enhance secondary market liquidity by creating permanent institutional framework that can be activated during periods of market stress.
- Foreign Portfolio Investment(FPI): It refers to investments made by foreign individuals, corporations and institutions in Indian financial assets, such as stocks, bonds and mutual ....