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Options
- A
Distributor decides and executes investments
- B
Distributor advises in direct plans
-
Registered Investment Adviser advises, investor/distributor executes
Correct answer
- D
Adviser both advises and executes
Why this is the answer
SEBI regulations prohibit investment advisers from providing both advisory and distribution services, so advisers assist in investment decisions while execution is carried out by the investor or distributor.
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