Question

    Any alternative investment fund or mutual fund operating in IFSC shall accept money from eligible investors only in ____________________ as per the SEBI (International Financial Services Centres) Guidelines, 2015.

    A Digital wallet Correct Answer Incorrect Answer
    B Indian currency Correct Answer Incorrect Answer
    C Crypto currency Correct Answer Incorrect Answer
    D Digital currency Correct Answer Incorrect Answer
    E Foreign currency Correct Answer Incorrect Answer

    Solution

    Guideline 22 Conditions on investment: (2) Any alternative investment fund or mutual fund operating in IFSC shall accept money from eligible investors only in foreign currency.

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