Consider the following statements about the new rule of the Securities and Exchange Board of India (SEBI) regarding foreign investors.nI. Only Foreign Portfolio Investors located in FATF (Financial Action Task Force) countries or managed by an enterprise based under FATF jurisdiction can deal in Participatory notesnII. The new rule is based on the Ajay Tyagi-Committee recommendationnIII. It can significantly affect funds from Mauritius as they are not FATF membernWhich of the statements above is/are correct?

Consider the following statements about the new rule of the Securities

1.	Consider the following statements about the new rule of the Securities and Exchange Board of India (SEBI) regarding foreign investors.nI. Only Foreign Portfolio Investors located in FATF (Financial Action Task Force) countries or managed by an enterprise based under FATF jurisdiction can deal in Participatory notesnII. The new rule is based on the Ajay Tyagi-Committee recommendationnIII. It can significantly affect funds from Mauritius as they are not FATF membernWhich of the statements above is/are correct?
A.	I only
B.	I and III
C.	I and II
D.	All of the above
Answer» C. I and II