Examveda

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 option:

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: Option D


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