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

Identify the False statement - (A) Mutual funds units which have been purchased on a stock exchange have a compulsory lock-in period (B) Mutual funds units can be bought on stock exchanges but they cannot be sold there

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

Options

  1. A

    Only A is false

  2. B

    Only B is false

  3. Both of the above are false

    Correct answer

Why this is the answer

Mutual fund units can be bought and sold on the stock exchange.

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