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

Identify the FALSE statement: A) As per AMFI guidelines, the intermediary has no right of appeal to AMFI. B) It is not the sole responsibility of the mutual fund distributors for spreading investor awareness

Practice question from NISM Series V A - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Only 1 is false

  2. B

    Only 2 is false

  3. Both 1 and 2 are false

    Correct answer

Why this is the answer

The intermediary does have the right to appeal to AMFI under the AMFI Guidelines & Norms for Intermediaries (AGNI).

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