Options
-
Only the first holder
Correct answer
- B
All equally
- C
The first holder for equity, all equally for debt
- D
As per proportion in the application form
Why this is the answer
Tax benefits accrue to the first holder in joint holdings.
Test yourself for real
Take a full NISM Series X mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.