NISM 10B Investment Adviser Level 2 Notes

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  • Indian Succession Act: Applies to Christians and Parsis for succession.
  • Muslim Personal Law: Governs inheritance for Muslims, no will for fixed shares.
  • Testator: Person who makes a will to distribute their assets.
  • Executor: Person appointed to carry out the will’s instructions.
  • Beneficiary: Person or entity receiving assets under a will.

NISM 10B NISM Investment Adviser Level 2

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