RISK AWARENESS
Trading and investing in financial markets involve substantial risk and may result in partial or complete loss of capital. We do not promote Forex (foreign exchange) trading, as it is banned by the Government of India and the Reserve Bank of India (RBI) for retail individuals. Also, we do not promote any exchange which is not FIU registered or sanctioned from the Central Authority of India. Trading and investing in financial markets involve substantial risk and may result in partial or complete loss of capital. We do not promote Forex (foreign exchange) trading, as it is banned by the Government of India and the Reserve Bank of India (RBI) for retail individuals. Also, we do not promote any exchange which is not FIU registered or sanctioned from the Central Authority of India.
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NexGen School of Financial Market One Hundred Frequently Asked Questions on Basic Finance What is a nominee and why is one important?

What is a nominee and why is one important?

by NexGen Trading Academy  ·  Unit 95 of 100

A nominee is a person designated to receive the proceeds or assets associated with a financial account, investment, or insurance policy in the event of the account holder's death. Appointing a nominee helps simplify the transfer process and supports smoother settlement of financial assets according to applicable legal procedures.

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