'/><rect width='800' height='360' fill='url(%23dots)'/><g transform='translate(200 70)'><g><rect x='0' y='180' width='400' height='30' rx='4' fill='%23ffffff' fill-opacity='0.5'/><rect x='10' y='150' width='380' height='30' rx='4' fill='%23ffffff' fill-opacity='0.65'/><rect x='-10' y='120' width='420' height='30' rx='4' fill='%23ffffff' fill-opacity='0.8'/><rect x='30' y='184' width='40' height='4' rx='2' fill='%23FF801E' fill-opacity='0.7'/><rect x='40' y='154' width='60' height='4' rx='2' fill='%23FF801E' fill-opacity='0.5'/><rect x='20' y='124' width='50' height='4' rx='2' fill='%23FF801E' fill-opacity='0.6'/></g><g transform='translate(60 30)'><path d='M 0 80 L 0 10 Q 140 -10 140 10 L 140 80 Q 70 70 0 80 Z' fill='%23ffffff' fill-opacity='0.95'/><path d='M 280 80 L 280 10 Q 140 -10 140 10 L 140 80 Q 210 70 280 80 Z' fill='%23ffffff' fill-opacity='0.95'/><line x1='140' y1='15' x2='140' y2='75' stroke='%23FF801E' stroke-opacity='0.3' stroke-width='1.5'/><g stroke='%23FF801E' stroke-opacity='0.4' stroke-width='2' stroke-linecap='round'><line x1='20' y1='28' x2='110' y2='25'/><line x1='20' y1='42' x2='110' y2='40'/><line x1='20' y1='56' x2='80' y2='54'/><line x1='170' y1='25' x2='260' y2='28'/><line x1='170' y1='40' x2='260' y2='42'/><line x1='170' y1='54' x2='220' y2='56'/></g></g></g></svg>)
Options
-
The AMC is not liable for any losses suffered by the foreign portfolio investors due to adverse currency movements
Correct answer
- B
The AMC has to compensate foreign portfolio investors for any losses suffered due to adverse currency movements
Why this is the answer
The AMC does not manage currency risk for Foreign Portfolio Investors (FPIs). It is the responsibility of the FPIs to manage or mitigate currency risk on their own. The AMC, Sponsor, and Trustees are not liable for losses due to currency fluctuations.
Test yourself for real
Take a full NISM Series V-A mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.