Civil Services Chhattisgarh State Service (CGPSC) Prelims Mock Test 2025 Current Affairs Business and Economy
Consider the following statements regarding Alternative Investment Funds (AIF) in India:
1. Category I and II AIFs can now borrow funds for operational flexibility.
2. The borrowing is capped at 10% of investible funds, or 20% of the drawdown value.
Which of the statements given above is/are incorrect?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2