December 2014

1:

Statement I : FIIs do not invest in unlisted entities. They participate only through stock exchanges.

Statement II: FIIs cannot invest at the time of initial allotment.

Select the correct code :

A.

Statements I and II are correct.

B.

Statement I is true and II is false.

C.

Statement I is false and II is correct.

D.

Statements I and II are false.

 

Answer : C

Explanation :

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Option: A

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