1.

Read the following statements carefully:1.The Central Board of Direct Taxes (CBDT) has started paving way for offshore fund managers to relocate to India for managing their offshore funds.2.This is being done for the public markets space, mainly foreign portfolio investors (FPI) structures.3.This will also boost flows into India as fund managers will be closer to the ‘deal ecosystem’.Which of the above statements is/are correct?

A. Only 1
B. Only 1 and 2
C. Only 1 and 3
D. Only 2 and 3
E. All are correct
Answer» F.


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