MCQOPTIONS
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| 1. |
Consider the following statements: 1. SEBI will be the authority to grant general permission to Qualified Foreign Investors for investment under Portfolio Investment Scheme (PIS) route that is similar to FIIs. 2. The prescribed limits for FIIs and NRIs are not applicable to the QFIs. Select the correct above statement. |
| A. | Only 1 |
| B. | Only 2 |
| C. | 1 and 2 |
| D. | None of these |
| Answer» E. | |