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

For which of the following funds can NSE’s MIBOR be used as a benchmark?

Practice question from NISM Series V A - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    ELSS Fund

  2. Liquid Fund

    Correct answer

  3. C

    5 year constant maturity G-sec fund

  4. D

    Long duration fund

Why this is the answer

NSE’s MIBOR (Mumbai Inter-Bank Offered Rate) is used as a benchmark for liquid funds because these funds invest in short-term money market instruments, which aligns with the nature of MIBOR.

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