Definition of Misselling

Q.  Which among the following refers to misselling?

(i) When mutual funds are sold without telling the likely returns
(ii) When agents sell the products without telling investors what are the risks involved in investing in mutual funds
(iii) When agents invest somebody's money in mutual funds without their knowledge

- Published on 20 Jul 15

a. Only (ii)
b. Both (i) and (iii)
c. All (i), (ii) and (iii)
d. None of the above

ANSWER: All (i), (ii) and (iii)
Selling life insurance to someone who has no dependents is regarded as misselling.

Post your comment / Share knowledge

Enter the code shown above:
(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)