Correct Answer
✅ Option A — Mr. U cannot change his deposit to joint holding.
All Options:
- AMr. U cannot change his deposit to joint holding. ✓
- BThe deposits can be held jointly only by Mr. U and his wife.
- CThe deposits can be held jointly by Mr. U, his wife and two children.
- DThe deposits can be held jointly by Mr. U and any two members only.
Detailed Solution & Explanation
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