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Nomination Requirements- HDFC

Authored by Saloni Daiya

Professional Development

Professional Development

Nomination Requirements- HDFC
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Investors can add upto 10 nominees in folio from ____

1st June '25

31st June '25

31st December '25

1st September '25

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can a Power of Attorney (POA) holder nominate?

Yes- POA holders can nominate

No- POA holders cannot nominate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can a minor e a nominee?

Yes- a minor can be nominated

No

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What information about Nominee required for registration of nominee(s) wef 1st June '25 ?

Contact details

POI & POA

Relationship proof with the investor

All the options

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who cannot make a nomination?

individual

natural person

A religious or charitable trust

Guardian investing on behalf of Minor

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Anyone or Survivor mode of holding' folios all the unit holders have to sign the form

True

False- any one of the holders can sign

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long must regulated entities maintain records of nominations?

for eight years after the transmission of the folio/account

for ten years after the transmission of the folio/account

for Fifteen years after the transmission of the folio/account

or Fifty years after the transmission of the folio/account

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