Question
Under the SEBI Act any pooling of funds under any scheme
or arrangement, which is not registered with the Board or is not covered under section 11AA (3), involving a corpus amount of _______________ shall be deemed to be a collective investment schemeSolution
Section 11AA. Collective investment scheme-- (1) Any scheme or arrangement which satisfies the conditions referred to in sub-section or sub-section (2A) shall be a collective investment scheme. Provided that any pooling of funds under any scheme or arrangement, which is not registered with the Board or is not covered under sub-section (3), involving a corpus amount of one hundred crore rupees or more shall be deemed to be a collective investment scheme.
In the following question, two columns are given, containing three phrases each. A phrase from the first column may or may not connect with a phrase fr...
Column (1)
In each of the following questions, two columns are given containing three sentences/ phrases each. A sentence or phrase from the first column may or m...
In each of the following questions, two columns are given containing three sentences/ phrases each. A sentence or phrase from the first column may or m...
Match Column I and Column II and choose the correct match from the given choice