New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Question

    The minimum subscription amount in case of private

    placement per investor shall _______________ or equivalent or such amount as may be specified by Board from time to time as per the SEBI (International Financial Services Centres) Guidelines, 2015?
    A Not be less than USD ten thousand Correct Answer Incorrect Answer
    B Not be less than INR hundred thousand Correct Answer Incorrect Answer
    C Not be more than US Dollar ten thousand Correct Answer Incorrect Answer
    D Not be more than INR hundred thousand Correct Answer Incorrect Answer
    E Not be less than US Dollar hundred thousand Correct Answer Incorrect Answer

    Solution

    Guideline 13 Minimum subscription in case of private placement: The minimum subscription amount in case of private placement per investor shall not be less than US Dollar hundred thousand or equivalent or such amount as may be specified by Board from time to time.

    Practice Next