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

Identify which of these statements is/are FALSE? (A) Banks and mutual funds both offer the Gold Deposit Scheme (B) Gold ETFs are closed ended funds

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 A and B are false

    Correct answer

Why this is the answer

The Gold Deposit Scheme is only offered by banks, not by mutual funds.

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