Current Affairs · Financial Regulations & SEBI
Consider the following statements regarding SEBI's proposal on Power of Attorney rules for incapacitated investors: 1. SEBI proposed allowing PoA to operate accounts of physically incapacitated investors. 2. The investor must still have legal capacity to contract. 3. Nominee details are proposed to be made optional to simplify inheritance. Which of the above statements is/are correct?
- 11 and 3 only
- 22 and 3 only
- 31 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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