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

    Question

    According to SEBI regulations, what percentage of the

    total outstanding units of an InvIT or REIT is required for an Eligible Unitholder(s) to exercise board nomination rights?
    A Not less than 5% Correct Answer Incorrect Answer
    B Not less than 10% Correct Answer Incorrect Answer
    C Not less than 15% Correct Answer Incorrect Answer
    D Not less than 20% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    SEBI regulations mandate that Eligible Unitholder(s) must hold at least 10% of the total outstanding units of an InvIT or REIT to exercise their board nomination rights. This threshold ensures that significant unitholders have a say in the governance of the Investment Manager.

    Practice Next