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1. A private equity fund based in Liechtenstein wishes to invest in a private equity fund constituted in India by the Royal Indian Bank. This

1. A private equity fund based in Liechtenstein wishes to invest in a private equity fund constituted in India by the Royal Indian Bank. This amounts to:

(a) FPI investment (b) FDI Investment

(c) Portfolio Investment (d) Fund of Fund Investment

2. A US-based investment bank raises an offshore private equity fund with a mandate to invest in other private equity funds (including Sovereign funds) in emerging markets. This amounts to:

(a) FPI investment (b) FDI Investment

(c) Portfolio Investment (d) Fund of Fund Investment

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