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Statement I: Real Estate Investment Trusts (REITs) are investment vehicles that allow individuals to invest in large scale, income-producing real estate without having to directly manage or own the properties.
Statement II: They pool capital from multiple investors to invest in a diversified portfolio of real estate assets, which may include residential or commercial properties, shopping centers, office buildings, hotels etc.
Which one of the following is correct in respect of the above statements?
  • a)
    Statement-I is correct but Statement-II is incorrect
  • b)
    Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
  • c)
    Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
  • d)
    Statement-I is incorrect but Statement- II is correct
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Statement I: Real Estate Investment Trusts (REITs) are investment vehi...
Explanation:

Statement I:
- Real Estate Investment Trusts (REITs) are investment vehicles that allow individuals to invest in large scale, income-producing real estate without having to directly manage or own the properties.

Statement II:
- They pool capital from multiple investors to invest in a diversified portfolio of real estate assets, which may include residential or commercial properties, shopping centers, office buildings, hotels, etc.

Analysis:
- Both statements are correct.
- Statement I highlights the primary purpose of REITs, which is to provide individuals with the opportunity to invest in real estate without the hassle of property management.
- Statement II further explains how REITs operate by pooling funds from various investors to acquire a diverse range of real estate assets.

Conclusion:
- Both statements are accurate, with Statement II providing additional details to support Statement I. Therefore, option B is the correct choice.
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Community Answer
Statement I: Real Estate Investment Trusts (REITs) are investment vehi...
  • Real Estate Investment Trusts (REITs): These are investment vehicles that allow individuals to invest in large-scale, income-producing real estate without having to directly manage or own the properties. Hence, statement I is correct.
  • REITs pool capital from multiple investors to invest in a diversified portfolio of real estate assets, which may include residential or commercial properties, shopping centers, office buildings, hotels etc. Hence, statement II is correct.
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Statement I: Real Estate Investment Trusts (REITs) are investment vehicles that allow individuals to invest in large scale, income-producing real estate without having to directly manage or own the properties.Statement II: They pool capital from multiple investors to invest in a diversified portfolio of real estate assets, which may include residential or commercial properties, shopping centers, office buildings, hotels etc.Which one of the following is correct in respect of the above statements?a)Statement-I is correct but Statement-II is incorrectb)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ic)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Id)Statement-I is incorrect but Statement- II is correctCorrect answer is option 'B'. Can you explain this answer?
Question Description
Statement I: Real Estate Investment Trusts (REITs) are investment vehicles that allow individuals to invest in large scale, income-producing real estate without having to directly manage or own the properties.Statement II: They pool capital from multiple investors to invest in a diversified portfolio of real estate assets, which may include residential or commercial properties, shopping centers, office buildings, hotels etc.Which one of the following is correct in respect of the above statements?a)Statement-I is correct but Statement-II is incorrectb)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ic)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Id)Statement-I is incorrect but Statement- II is correctCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Statement I: Real Estate Investment Trusts (REITs) are investment vehicles that allow individuals to invest in large scale, income-producing real estate without having to directly manage or own the properties.Statement II: They pool capital from multiple investors to invest in a diversified portfolio of real estate assets, which may include residential or commercial properties, shopping centers, office buildings, hotels etc.Which one of the following is correct in respect of the above statements?a)Statement-I is correct but Statement-II is incorrectb)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ic)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Id)Statement-I is incorrect but Statement- II is correctCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Statement I: Real Estate Investment Trusts (REITs) are investment vehicles that allow individuals to invest in large scale, income-producing real estate without having to directly manage or own the properties.Statement II: They pool capital from multiple investors to invest in a diversified portfolio of real estate assets, which may include residential or commercial properties, shopping centers, office buildings, hotels etc.Which one of the following is correct in respect of the above statements?a)Statement-I is correct but Statement-II is incorrectb)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ic)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Id)Statement-I is incorrect but Statement- II is correctCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Statement I: Real Estate Investment Trusts (REITs) are investment vehicles that allow individuals to invest in large scale, income-producing real estate without having to directly manage or own the properties.Statement II: They pool capital from multiple investors to invest in a diversified portfolio of real estate assets, which may include residential or commercial properties, shopping centers, office buildings, hotels etc.Which one of the following is correct in respect of the above statements?a)Statement-I is correct but Statement-II is incorrectb)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ic)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Id)Statement-I is incorrect but Statement- II is correctCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Statement I: Real Estate Investment Trusts (REITs) are investment vehicles that allow individuals to invest in large scale, income-producing real estate without having to directly manage or own the properties.Statement II: They pool capital from multiple investors to invest in a diversified portfolio of real estate assets, which may include residential or commercial properties, shopping centers, office buildings, hotels etc.Which one of the following is correct in respect of the above statements?a)Statement-I is correct but Statement-II is incorrectb)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ic)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Id)Statement-I is incorrect but Statement- II is correctCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Statement I: Real Estate Investment Trusts (REITs) are investment vehicles that allow individuals to invest in large scale, income-producing real estate without having to directly manage or own the properties.Statement II: They pool capital from multiple investors to invest in a diversified portfolio of real estate assets, which may include residential or commercial properties, shopping centers, office buildings, hotels etc.Which one of the following is correct in respect of the above statements?a)Statement-I is correct but Statement-II is incorrectb)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ic)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Id)Statement-I is incorrect but Statement- II is correctCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Statement I: Real Estate Investment Trusts (REITs) are investment vehicles that allow individuals to invest in large scale, income-producing real estate without having to directly manage or own the properties.Statement II: They pool capital from multiple investors to invest in a diversified portfolio of real estate assets, which may include residential or commercial properties, shopping centers, office buildings, hotels etc.Which one of the following is correct in respect of the above statements?a)Statement-I is correct but Statement-II is incorrectb)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ic)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Id)Statement-I is incorrect but Statement- II is correctCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Statement I: Real Estate Investment Trusts (REITs) are investment vehicles that allow individuals to invest in large scale, income-producing real estate without having to directly manage or own the properties.Statement II: They pool capital from multiple investors to invest in a diversified portfolio of real estate assets, which may include residential or commercial properties, shopping centers, office buildings, hotels etc.Which one of the following is correct in respect of the above statements?a)Statement-I is correct but Statement-II is incorrectb)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ic)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Id)Statement-I is incorrect but Statement- II is correctCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Statement I: Real Estate Investment Trusts (REITs) are investment vehicles that allow individuals to invest in large scale, income-producing real estate without having to directly manage or own the properties.Statement II: They pool capital from multiple investors to invest in a diversified portfolio of real estate assets, which may include residential or commercial properties, shopping centers, office buildings, hotels etc.Which one of the following is correct in respect of the above statements?a)Statement-I is correct but Statement-II is incorrectb)Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-Ic)Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-Id)Statement-I is incorrect but Statement- II is correctCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
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