Current Affairs · Financial Regulations
Consider the following statements regarding 'Accredited Investors' eligible to invest in Specialized Investment Funds (SIFs) with lower minimum thresholds: 1. Individuals with an annual income of at least ₹2 crore OR a net worth of at least ₹7.5 crore qualify. 2. Accreditation is issued by Accreditation Agencies designated by SEBI or Stock Exchanges. 3. Once accredited, the status is permanent and does not require renewal. Which of the statements given above are correct?
- 11, 2 and 3
- 21 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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