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

Identify which of these is NOT a function of the Association of Mutual Funds in India (AMFI)?

Practice question from Nism VA Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    To represent to the Government, Reserve Bank of India, and other bodies on all matters relating to the mutual fund industry

  2. B

    To disseminate information on the mutual fund industry and undertake studies and research

  3. To conduct a certification examination for Mutual Fund distributors

    Correct answer

  4. D

    To undertake a nationwide investor awareness program to promote proper understanding of mutual funds

Why this is the answer

AMFI is not responsible for conducting certification exams for mutual fund distributors; this is done by the National Institute of Securities Markets (NISM).

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