alleryStart learning →Money from SEBI-registered mutual funds is treated how under the Deposits Rules?
ACounted if unsecured
BCounted if above Rs 1 crore
CCounted as a deposit
DExcluded from deposits
Answer & Solution
Correct answer: D. Excluded from deposits
Receipts from SEBI-registered Alternate Investment Funds, Venture Capital Funds and Mutual Funds fall outside the deposit definition.
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Related questions
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