For the first time SEBI Securities and Exchange Board of India has approved an ldquo airport rsquo s...........

Indian Economy (Easy) Financial System

For the first time SEBI (Securities and Exchange Board of India) has approved an “airport’ specific fund“ called Taking Off To the Future Airport Fund“ which can raise a capital amounting to

Rs. 20,000 crore

Rs. 30,000 crore

Rs. 40,000 crore

Rs. 10,000 crore

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Explanation:

Under “Category II Alternate Investment Fund” (AIF), for the first time SEBI(Securities and Exchange Board of India) has approved an “airport’ specific fund“. The name of the fund is “Taking Off To the Future Airport Fund“. It can raise a capital amounting to Rs.10,000 crore