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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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