n NISM Certifications
XXI NISM Series XXI-A
Medium

Identify the TRUE statement concerning GIPS Advertising Guidelines.

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

Options

  1. A

    GIPS Advertising Guidelines are the maximum disclosure

  2. B

    GIPS Advertising Guidelines have replaced GIPS standards

  3. C

    GIPS Advertising Guidelines apply to all Portfolio Management Firms

  4. None of the above

    Correct answer

Why this is the answer

GIPS Advertising Guidelines set minimum disclosure standards; they do not replace the GIPS standards.

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