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

________ funds will benchmark themselves against indices based on Government securities.

Practice question from NISM Series V A - Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Credit Risk

  2. B

    Liquid

  3. C

    Over-night

  4. Gilt

    Correct answer

Why this is the answer

Gilt funds primarily invest in Government securities and hence their performance is compared against benchmarks based on government securities.

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