Question
a.
The trust must not be involved in any litigation connected with the Securities Market.
b.
The trust deed must not be registered under the provisions of the India Registration Act, 1908.
c.
The trust's main object in the trust deed must not be to carry on the activity of a venture capital fund.
d.
The trust deed must have been duly registered under the provisions of the India Registration Act, 1908, and its main object must be to carry on the activity of a venture capital fund.
Posted under IC 89 Management Accounting
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. What condition must be fulfilled by a trust applying for registration as a venture capital fund?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What conditions must a body corporate fulfill when applying for registration as a venture capital fund?
View solution
Q. What is the procedure for granting a certificate of registration to a venture capital fund by SEBI?
View solution
Q. What is the consequence if a venture capital fund is found to have provided false or misleading information in its application?
View solution
Q. What is the primary characteristic of a Term Insurance plan?
View solution
Q. What is the policy tenure for Term Insurance?
View solution
Q. What happens if the insured person lives beyond the policy term in Term Insurance?
View solution
Q. What is the key characteristic of Term Insurance?
View solution
Q. What is the primary purpose of whole life insurance?
View solution
Q. How does the premium payment in whole life insurance differ from term insurance?
View solution
Q. What is the purpose of the reserve element (cash value) in whole life insurance?
View solution
Q. What is the characteristic of cash value life insurance?
View solution
Q. What are the two basic forms of whole life insurance?
View solution
Q. What is the primary purpose of an endowment life insurance policy?
View solution
Q. What is a major benefit of an endowment policy over a whole life policy?
View solution
Q. How does an endowment policy differ from a whole life policy in terms of the premium?
View solution
Q. What is the major benefit of a Double Endowment Policy?
View solution
Q. What is the characteristic of a Money Back Policy?
View solution
Q. What characterizes Endowment Plans With Fixed Guaranteed Returns?
View solution
Q. What distinguishes Traditional With Profits Endowments?
View solution
Q. What defines Unit-linked Endowment Plans?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!
