Current Affairs · Banking & Financial Regulation
Consider the following statements regarding the proposed 'GARUDA' framework by the Securities and Exchange Board of India (SEBI): I. It is a 'green-channel' mechanism designed to significantly speed up the launch of Alternative Investment Fund (AIF) schemes. II. Under this framework, regular AIF schemes can be launched within 10 working days of filing placement documents with SEBI. III. Managers of accredited investor-only schemes are required to route their placement memorandums exclusively through merchant bankers. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1All I, II, and III
- 2Only I and III
- 3Only II and III
- 4Only I and II✓
Correct answer
Only I and II
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