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

Identify the TRUE statement with respect to benchmark for Gold ETFs.

Practice question from Nism VA Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    CRISIL Gilt fund index is widely used as a benchmark for Gold ETFs

  2. Gold ETFs are benchmarked against gold prices

    Correct answer

  3. C

    There can be no benchmark for Gold ETFs

  4. D

    Internationally it is proven that there is no need of any type of benchmark for Gold ETFs

Why this is the answer

Gold ETFs track the performance of gold prices, and hence their benchmark is usually based on the price of gold.

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.