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  • Question
  • Who has reduced the minimum subscription requirement for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)?


  • Options
  • A. SEBI
  • B. SIDBI
  • C. NITI Aayog
  • D. Ministry of Finance

  • Correct Answer
  • SEBI 

    Explanation
    SEBI in his guidelines titled "Guidelines for Determination of Allotment and Trading Lot Size for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)" has reduced the minimum subscription requirement as well as defined trading lots for REITs and InvITs.For determining the allotment in an initial offer and follow on public offers, REITs have to offer their units in lots worth at least Rs 50,000 and in case of InvITs, the minimum value of a single lot should be Rs 1 lakh.The allotment to any investor shall be made in the multiples of a lot.For initial listing in case of REITs and InvITs, a trading lot should be of 100 units and for follow on public offers, each lot shall consists of such number of units in its trading lot as it had at the time of initial offer. Moreover, SEBI has also increased leverage limit for InvITs from 49 percent to 70 percent.

  • More questions

    • 1. The Union Cabinet approved the signing of a new Air Services Agreement with this country recently.

    • Options
    • A. Poland
    • B. Germany
    • C. Serbia
    • D. Australia
    • Discuss
    • 2. Government infused a capital of Rs. 205 crore with which bank recently?

    • Options
    • A. Indian Overseas Bank
    • B. Punjab National Bank
    • C. Bank of Baroda
    • D. Bank of Maharashtra
    • Discuss
    • 3. The Union Cabinet approved four GST related bill recently. Identify which of the following is not one of them.

    • Options
    • A. The Central Goods and Services Tax Bill 2017
    • B. The Integrated Goods and Services Tax Bill 2017
    • C. The Union Territory Goods and Services Tax Bill 2017
    • D. The States Goods and Services Tax Bill 2017
    • Discuss
    • 4. Which of the following movies won the 89th Academy Awards for the Best Picture?

    • Options
    • A. La La Land
    • B. Arrival
    • C. Moonlight
    • D. Lion
    • Discuss
    • 5. Which film has been chosen as Bangladesh's official entry for the Oscars 2019?

    • Options
    • A. Dhaka Attack
    • B. Nabab
    • C. Doob
    • D. Detective
    • Discuss
    • 6. Where did India's first natural Ice Cafe located?

    • Options
    • A. Himchal Pradesh
    • B. J&K
    • C. Sikkim
    • D. Arunachal Pradesh
    • Discuss
    • 7. ISRO Launches PSLV C-45 Carrying EMISAT with how many Nano satellite?

    • Options
    • A. 28
    • B. 12
    • C. 25
    • D. 32
    • Discuss
    • 8. The book "An Unsuitable Boy" is the autobiography of which Indian personality?

    • Options
    • A. Twinkle Khanna
    • B. Rishi Kapoor
    • C. Rahul Bose
    • D. Karan Johar
    • Discuss
    • 9. The Union Government has launched RUSA portal to act as a one-stop for States' Higher Education Plans. What does 'RUSA' stands for?

    • Options
    • A. Rashtriya Uchchatar Shiksha Abhiyan
    • B. Rashtriya Uttam Shiksha Abhiyan
    • C. Rashtriya Unmukht Shiksha Abhiyan
    • D. Rashtriya Unnatsheel Shiksha Abhiyan
    • Discuss
    • 10. The Ministry of Finance has started which series on Twitter to educate general public about the budgetary process?

    • Options
    • A. Know Budgetary Process
    • B. Know Your Economy
    • C. Know Your Budget
    • D. Know Making of Budget
    • Discuss


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