Start learning 50% faster. Sign in now
Section 11AA of SEBI Act Collective investment scheme.—(1) Any scheme or arrangement which satisfies the conditions referred to in sub-section (2) 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. (2) Any scheme or arrangement made or offered by any person under which,— (i) the contributions, or payments made by the investors, by whatever name called, are pooled and utilized for the purposes of the scheme or arrangement; (ii) the contributions or payments are made to such scheme or arrangement by the investors with a view to receive profits, income, produce or property, whether movable or immovable, from such scheme or arrangement; (iii) the property, contribution or investment forming part of scheme or arrangement, whether identifiable or not, is managed on behalf of the investors; (iv) the investors do not have day-to-day control over the management and operation of the scheme or arrangement.
In a certain code language, "DICTATOR" is written as "DROATTCI" and "GLIMPSE" is written as "GESPMIL". How will "CONDEMN" be written in that language?
In a certain code language, 'let it be' is coded as 'sd am ht' and 'be the change' is coded as 'va sd ek'. How is 'be' coded in the given language?
Select the correct combination of mathematical signs to sequentially replace the * signs and balance the given equation.
268 * 4 * 8 * 5 * 14 = 41
X # Y means 'X is the brother of Y'
X @ Y means 'X is the daughter of Y'
X & Y means 'X is the husband of Y'
X % Y means 'X is the ...
By interchanging which two signs and two numbers (not digits) the equation will be correct?
8 – 4 × 9 + 6 ÷ 3 = 29
Which of the following words can be formed from the letters of the word?
DAYTIME
In the question, below are three statements followed by two conclusions numbered I and II. You have to consider the statements to be true even if it se...
Select the set in which the numbers are related in the same way as are the numbers of the following set.
(7, 9, 48)
(6, 8, 42)
(N...
Select the option that correctly fills in the blank and completes the series.
ay, cw, eu, gs, iq, ko, ______
Who sits at the extreme right end of the row?