In given statement followed by three courses of action numbered I,II and III. You have to assume everything in the statement to be true, then decide which of the three suggested courses of action logically follows for pursuing.
Statement The Institute has fixed for the investors a validity period of one year for transfer forms for some of its listed schemes.
Courses of action I. The Institute should consult investors before fixing the duration of validity period.
II. The investors should be duly informed about the validity period.
III. List of schemes covered under this validity period should be communicated.
(a) Only I and II follow
(b) Only III follow
(c) Only II and III follow
(d) Only I and III follow
(e) All follow

Explanation

( c ) Only II and III follow