With reference to investments, consider the following: I. Bonds II. Hedge Funds III. Stocks IV. Venture Capital How many of the above are treated as Alternative Investment Funds?

UPSC Prelims 2025 Question:

With reference to investments, consider the following: 

  1.  Bonds 
  2. Hedge Funds 
  3. Stocks 
  4. Venture Capital 

How many of the above are treated as Alternative Investment Funds? 

  • A. Only one
  • B. Only two
  • C. All three
  • D. None
Correct Answer: Option B