n NISM Certifications
X NISM Series X
Medium

_______ has to be registered with SEBI.

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Sponsors of Asset Management Company

  2. B

    Trustees of Asset Management Company

  3. Custodians

    Correct answer

  4. D

    Distributors of mutual funds

Why this is the answer

Custodians of securities must be registered with SEBI.

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