I. Bonds
II. Hedge Funds
III. Stocks
IV. Venture Capital
How many of the above are treated as Alternative Investment Funds?
(a) Only one
(b) Only two
(c) Only three
(d) All the four
31. निवेश के संदर्भ में, निम्नलिखित पर विचार कीजिए:
I. बॉन्ड
II. प्रतिरक्षा निधियाँ (हेज फंड्स)
III. स्टॉक
IV. जोखिम पूँजी
उपर्युक्त में से कितनों को वैकल्पिक निवेश निधि माना जाता है?
(a) केवल एक
(b) केवल दो
(c) केवल तीन
(d) सभी चार
Answer: (b)
Explanation:
Statement I is not correct: Bonds are conventional investment instruments in the debt market and are not categorized as Alternative Investment Funds. AIFs involve pooled investment vehicles that invest in non-traditional assets.
Statement II is correct: Hedge funds are considered Category III AIFs under SEBI regulations. These funds employ diverse or complex trading strategies, including leveraging and derivatives.
Statement III is not correct: Stocks refer to equity shares in listed companies and are mainstream public market instruments, not categorized as AIFs.
Statement IV is correct: Venture Capital Funds are treated as Category I AIFs. They invest in startups and early-stage ventures with long-term growth potential.