Correct option is C
Statement 1 is correct: AIFs are privately pooled investment vehicles for sophisticated investors, whether Indian or foreign.
Statement 2 is incorrect: VCFs registered under the SEBI (Venture Capital Funds) Regulations, 1996 cannot launch new schemes under these regulations, as they were repealed.
Statement 3 is correct: Existing VCFs can seek re-registration under the
SEBI (Alternative Investment Funds) Regulations, 2012, subject to the approval of two-thirds of their investors by value.
English
100 Questions
100 Marks
60 Mins
