Question

What is the primary focus of Category I - AIF?

a.

Trading in diverse and complex strategies

b.

Investing in listed and unlisted derivatives

c.

Investing in start-up projects, early-stage ventures, social ventures, SMEs, infrastructure activities, and other socially or economically desirable sectors

d.

Undertaking leverage for day-to-day operational requirements

Answer: (c).Investing in start-up projects, early-stage ventures, social ventures, SMEs, infrastructure activities, and other socially or economically desirable sectors Explanation:Category I - AIF funds are invested in start-up projects, early-stage ventures, social ventures, SMEs, infrastructure activities, and other sectors that the Government or Regulators consider as socially or economically desirable.

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Q. What is the primary focus of Category I - AIF?

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