Consider the following statements about the Infrastructure Investment Trust (InvITs): 1. An InvITs is like a mutual fund, which enables direct investment of small amounts of money from possible individual/institutional investors in infrastructure. 2. The trustee, who inspects the performance of an InvIT is certified by Sebi and he cannot be an associate of the sponsor or manage. Which of the above statements is/are Incorrect? - Study24x7
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UPSC & State PSC
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Consider the following statements about the Infrastructure Investment Trust (InvITs): 1. An InvITs is like a mutual fund, which enables direct investment of small amounts of money from possible individual/institutional investors in infrastructure. 2. The trustee, who inspect...

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A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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