Practicing Success
Foreign Institutional Investors (FII) were allowed to invest in Indian financial markets after the "New economic policy",1991 was introduced. Which of the following option can be a Foreign Institutional Investor? |
Merchant banker Mutual fund manager Hedge fund manager All of the above |
All of the above |
Foreign Institutional Investors is an institutional, individual or group entity seeking to invest in the economy of a country other than where the entity is headquartered. FIIs are important to emerging economies because they bring funds and capital to businesses in developing countries. Foreign Institutional Investors (FII), such as merchant bankers, mutual funds and pension funds, are now allowed to invest in Indian financial markets in post 1991 period. |