Question

Which regulation aims at regulating, controlling, and directing the development of venture capital funds in India?

a.

RBI (Venture Capital Funds) Regulation, 1990

b.

SEBI (Venture Capital Funds) Regulation, 1996

c.

IRDAI (Venture Capital Funds) Regulation, 2000

d.

Ministry of Finance (Venture Capital Funds) Guideline, 2005

Answer: (b).SEBI (Venture Capital Funds) Regulation, 1996 Explanation:The relevant regulation for regulating venture capital funds in India is SEBI (Venture Capital Funds) Regulation, 1996.

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Q. Which regulation aims at regulating, controlling, and directing the development of venture capital funds in India?

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