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R P Yadav  | Answer  |Ask -

HR, Workspace Expert - Answered on Apr 22, 2024

R P Yadav is the founder, chairman and managing director of Genius Consultants Limited, a 30-year-old human resources solutions company.
Over the years, he has been the recipient of numerous awards including the Lifetime Achievement Award from World HR Congress and HR Person Of The Year from Public Relations Council of India.
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Rahul Question by Rahul on Jan 19, 2024Hindi
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Career

Good Morning Sir, My son is appearing class 10th cbse board, he is interested to do engineering in Railways from where he can do, and is he thinking good and which are the best institute for doing engineering in railways. what extra preparations he had to do to get admission

Ans: Hi Rahul,
Railway Engineering is a good course. There are many good institutes in India, among which MIT is the best.
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Nayagam P

Nayagam P P  |3956 Answers  |Ask -

Career Counsellor - Answered on Jun 03, 2024

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Hello Rohit - My son is studying in class 12th and is meritorious student. Apart from JEE what engineering colleges entrance exams are available for him?
Ans: Rakesh Sir,

Apart from JEE, there are multiple Entrance Exams your Son can appear in, to get admission into any one of the top-ranked University / College all over India.

It depends upon a number of following factors:

1) His Interest, Aptitude, Attitude, Personality Traits & his Orientation Style.
2) He is interested in which Stream / Branch to build his Career (Computer, IT, Design, Architecture, AI & ML, Aerospace through Indian Institute of Technology, Electronics, Electrical, Civil, BioTech etc.)?
3) If your son is interested to join any one of the top-ranked Private Colleges of your State (or) other States, he can appear for the Entrance Exams of the same.
4) As you have mentioned that he is a meritorious student, getting admission into any one of the reputed University / Institute / College won’t be an issue for you.

Now itself, shortlist around 10-15 reputed University / College and also the Stream / Branch he is interested in.

Know the Admission Process for each University / College and apply in advance.

NO need to prepare separately for each Entrance Exam as he is already preparing for JEE. He should only know the Exam Pattern and attempt previous 10-years Question Papers to boost his confidence.

Hope the above information is helpful to you, Sir, for your Son.

If you need any other clarifications for you or have questions for anyone, post your questions (in detail) to me and/or follow me here in RediffGURU to know more on ‘Careers / Education / Jobs’.

All The BEST for your Son’s Bright Future from RediffGURU.

Nayagam PP
EduJob360
CERTIFIED Career Coach | Career Guru
https://www.linkedin.com/in/edujob360/

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Milind

Milind Vadjikar  |741 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Dec 03, 2024

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What happens when a Mutual Fund company shuts down / gets sold off?
Ans: Hello;

If a mutual fund company gets sold or fails, the process is prescribed by SEBI:

In case MF company is Sold,
The new fund house may:
1. Continue the scheme with a new name and management.

2. Merge the scheme with similar funds and offer investors the option to exit without any exit load.

In case MF company shuts down,
The fund house will:
1. Pay out investors based on the fund's last recorded Net Asset Value (NAV) and the number of units the investor holds, after deducting expenses.

2. If the company is not in a position to do so then SEBI may liquidate the funds assets and distribute the proceeds to unit holders.

It is also pertinent to note that mutual fund regulation in India is one of the most stringent and hence best, from investor's point of view, globally.

This is not just in theory. We have seen how the Franklin Templeton abrupt closure of debt funds was handled with surgical precision, by SEBI, with no loss to unitholders.


Skin in the game regulation mandates that 20% salary of key mutual fund personnel and fund managers is paid in terms of units of their funds with a 3 year lock-in.

The stocks and bonds purchased by the AMC for the fund are held by a custodian, appointed by the trust that administers the fund.

The trust engages into a investment management agreement with the AMC for managing the fund as per their mandate and within regulatory guidelines.

Registrar and Transfer Agents handle the investor registration,kyc, maintaining records, providing account and tax statements etc.

Happy Investing;
X: @mars_invest

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