Current Affairs · SEBI Regulations and Financial Markets
Regarding the SEBI mandate for Alternative Investment Funds (AIFs) to report Net Asset Value (NAV) to depositories, which of the following statements is/are correct? 1. The requirement to calculate investment values through an independent entity is applicable specifically to Category I and Category II AIFs. 2. NAV must be calculated at least once every three months to ensure consistent market updates. 3. AIFs are required to upload their latest NAV to the depository system before May 1 or within 30 days of the valuation, whichever is earlier. 4. The valuation periodicity for these funds can be extended to one year if approved by at least 75% of investors by value. Select the correct option:
- 11 and 4 only
- 21, 3 and 4 only✓
- 32 and 4 only
- 41, 2 and 3 only
Correct answer
1, 3 and 4 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on SEBI Regulations and Financial Markets?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · SEBI Regulations and Financial Markets