Question
Which of the following statement regarding SEBI’s
guidelines for Alternate Investment Funds (AIFs) related to participation in Credit Default Swaps (CDS) is not true?Solution
SEBI (Alternative Investment Funds) Regulations, 2012 (‘AIF Regulations’), have been amended and notified on January 09, 2023 to allow AIFs to participate in Credit Default Swaps (‘CDS’) as protection buyers and sellers. Category I AIFs and Category II AIFs may buy CDS on underlying investments in debt securities, only for the purpose of hedging. Category III AIFs may buy CDS for the purpose of hedging or otherwise, within permissible leverage as specified by SEBI. Category I and Category II AIFs which transact in CDS, shall maintain thirty days cooling off period between the two periods of borrowing or engaging in leverage.
Online stock broking firm Groww has announced that it has received the approval of the Securities and Exchange Board of India (SEBI) to launch its first...
Which Ramsar site in India is known as Asia’s largest brackish water lagoon?
Which initiative was launched by the central government to enhance the tourism sector in India?
A study published in the Indian Journal of Traditional Knowledge highlighted the effectiveness of which traditional drug system in reducing anemia among...
National Mountaineering Day in India is celebrated on:
Which of the following city received the best city award in Safai Mitra Suraksha Swachh Survekshan 2022 award?
What is NOT correct about CRR (Cash Reserve Ratio)?
i. The CRR is determined by a percentage of Net Demand and Time Liabilities
ii. Invest...
On which date will Francis Ford Coppola receive the AFI Life Achievement Award?
In which country did Aaryan Varshney secure his final GM norm?
What does Microsoft’s BioEmu AI model achieve prediction accuracy within?
