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

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Statement I : FIIs do not invest in unlisted entities. They participate only through stock exchanges. (2 marks)

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

Select the correct code :

Codes :

Statements I and II are correct.

Statement I is true and II is false.

Statement I is false and II is correct.

Statements I and II are false.

Explanation:

Statement I is true and II is false.

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