Question

Investor of Mutual Funds can appoint following as nominees?

A Corporate entity Correct Answer Incorrect Answer
B Limited Liability Partnership Correct Answer Incorrect Answer
C HUF Correct Answer Incorrect Answer
D Individuals Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Other than a company/body corporate, partnership firm, Hindu Undivided Family (HUF), society or a trust (other than a religious or charitable trust), one may nominate any person including a minor.

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