Q1. Under the SEBI (Stock Brokers) Regulations, 2026, the provision permitting a stock broker to give 'incidental investment advice' is best described as the allowance to:
- A. provide investment advice to its broking clients that is incidental to its broking activity, without the conditions otherwise applicable
- B. manage client portfolios on a discretionary basis as a portfolio manager
- C. act as an investment adviser to the general public irrespective of any broking relationship
- D. underwrite securities issues out of borrowed funds for its advisory clients