n NISM Certifications
NSM General NISM
Medium

Who can act as a trustee under the MWP Act?

Practice question from IC 38 Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Only the wife of the policyholder

  2. B

    Only the child of the policyholder

  3. Either the wife or a child over 18

    Correct answer

  4. D

    Policyholder must appoint special trustee

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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