Question

 Which organization has allowed India registered Alternative Investment Funds (AIFs) to invest in foreign entities without having any link with India?

A SEBI Correct Answer Incorrect Answer
B Reserve Bank of India Correct Answer Incorrect Answer
C NABARD Correct Answer Incorrect Answer
D State Bank of India Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

AIF means an investment that differs from conventional investments such as debt securities, stocks, etc. It is an investment option for high rollers, including domestic and foreign investors in India. It is regulated by SEBI (Securities and Exchange Board of India).

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