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 scheme

A One hundred lakh rupees or more
B One hundred crore rupees or more
C One hundred crore rupees or less
D One hundred lakh rupees or less
E Two hundred crore rupees or more
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