Question

Which of the following is/are considered mis-selling? 

i.             Mutual funds are sold without informing about the likely returns and risks

ii.            Agent tells the investors life insurance policy without explain the benefits, coverage and exclusion in the policy

iii.           Bank manager invests someone’s money in a new mutual fund scheme and inform the customer afterwards

A Only i Correct Answer Incorrect Answer
B Only ii Correct Answer Incorrect Answer
C Only i and ii Correct Answer Incorrect Answer
D Only ii and iii Correct Answer Incorrect Answer
E All of the above Correct Answer Incorrect Answer

Solution

The correct answer is E

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