Options
- A
Only A
-
Only B
Correct answer
- C
Both A and B
- D
Neither A nor B
Why this is the answer
Trusts (B) are considered persons; AOPs (A) are not.
Test yourself for real
Take a full NISM Series XXI-A mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.