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Question

Statement: The institute has fixed for the investors a validity period of one year for transfer forms for some of its listed schemes.

Courses of action:

I. The institute should consult investors before fixing the duration of validity period.

II. The investors should be duly informed about the validity period.

III. List of schemes covered under this validity period should be communicated.



A

Only I follows

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B

Only II follows

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C

Both II and III follow

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D

Either II or III follows

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Solution

The correct option is C

Both II and III follow


The investors should be informed about the validity period and list of schemes covered under this validity period should be communicated, so that investors could be benefitted of this faculty.


Verbal Ability

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