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    Question

    Infrastructure Debt Funds (IDFs) can be set up as which

    of the following entities in India?
    A Partnership firm or Company Correct Answer Incorrect Answer
    B Sole proprietorship firm or Partnership firm Correct Answer Incorrect Answer
    C Trust or Company Correct Answer Incorrect Answer
    D Company or Association of persons Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Infrastructure Debt Funds (IDFs) can be set up either as a Trust or as a Company. A trust based IDF would normally be a Mutual Fund (MF), regulated by SEBI, while a company based IDF would normally be an NBFC regulated by the Reserve Bank.

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