wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Q. Which of the following statements are incorrect with reference to 'Alternative Investment Funds'?

Choose the correct answer from the code given below:


A
1 and 3 only
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
2 only
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
1 and 2 only
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
None of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B 2 only

Explanation:

Statement 1 is correct: Alternative Investment Funds (AIF) are those funds created or established in India as a privately pooled investment vehicle in order to collect funds from specific investors as per a previously defined investment policy.

Statement 2 is incorrect: Securities and Exchange Board of India (SEBI) regulates AIF.

Statement 3 is correct.


flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Benefits of International Business
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon