n NISM Certifications
V-A NISM Series V-A
Medium

By investing in mutual funds, an investor uses the services of a ______.

Practice question from Nism VA Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Professional actuary

  2. B

    Professional insurance agent

  3. Professional investment manager

    Correct answer

  4. D

    Professional tax planner

Why this is the answer

Mutual funds are managed by professional investment managers who make decisions about stock, debt, and other investments on behalf of the investors.

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