With reference to the new rules of the Securities and Exchange Board of India (SEBI) regarding foreign investors, consider the following statements.nI. Only foreign portfolio investors located in FATF (Financial Action Task Force) countries or managed by an enterprise under FATF jurisdiction may deal in Participatory NotesnII. The new rule is based on the recommendation of the Ajay Tyagi-CommitteenIII. This may affect funds from Mauritius as they are not a member of FATFnWhich of the above statements is/are correct?

With reference to the new rules of the Securities and Exchange Board o

1.	With reference to the new rules of the Securities and Exchange Board of India (SEBI) regarding foreign investors, consider the following statements.nI. Only foreign portfolio investors located in FATF (Financial Action Task Force) countries or managed by an enterprise under FATF jurisdiction may deal in Participatory NotesnII. The new rule is based on the recommendation of the Ajay Tyagi-CommitteenIII. This may affect funds from Mauritius as they are not a member of FATFnWhich of the above statements is/are correct?
A.	I only
B.	I and III
C.	I and II
D.	All of the above
Answer» C. I and II