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Options
- A
Nomination once made cannot be changed
- B
Only the first holder has to sign the change request
-
All the joint holders have to authorize the change in nomination
Correct answer
- D
Existing nomination must lapse automatically
Why this is the answer
Nomination can be changed or cancelled at any time, but in the case of joint holdings, all joint holders are required to authorize and sign the request for any change in nomination.
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