Q.
1
Statement (II): The limit of holding by individual foreign institutional investors in a company has been raised from 5 to 10% of company’s share while the aggregate limit has been increased from 24 to 34%
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A
Statement (I) is correct but Statement (II) is false
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B
Statement (II) is correct but Statement (I) is false
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C
Statement (I) and (II) both are correct
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D
Statement (I) and (II) both are false