Question

    As per SEBI regulations, Alternate investment Funds

    (AIF) have been allowed to invest in ______
    A Overseas companies Correct Answer Incorrect Answer
    B Real estate companies Correct Answer Incorrect Answer
    C Infrastructure companies Correct Answer Incorrect Answer
    D Power companies Correct Answer Incorrect Answer
    E Agriculture companies Correct Answer Incorrect Answer

    Solution

    In   terms   of   Regulation   12 (ba)   of erstwhile SEBI   (Venture   Capital Funds) Regulations 1996 and Regulation 15 (1)(a) of SEBI (Alternative Investment Funds) Regulations, 2012, AIFs/VCFs may invest in securities of companies incorporated outside  India  subject  to  such  conditions  or  guidelines  that  may  be  stipulated  or issued by the Reserve Bank of India and SEBI from time to time.  

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