Economics · Economy
With reference to Alternative Investment Funds (AIFs) in India, consider the following statements: I. AIFs are privately pooled investment vehicles regulated by the Securities and Exchange Board of India (SEBI). II. Category III AIFs are suitable for retail investors seeking low-risk investment options with stable returns. III. Banks and NBFCs face specific regulatory caps and restrictions from the RBI regarding investments in AIFs to mitigate evergreening risks. Which of the statements given above is/are correct?
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