n NISM Certifications
NSM General NISM
Medium

In a Gilt Account _____________.

Practice question from NISM Series IV - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Every debit in Gilt Account would require authorization from Gilt Account Holder

  2. B

    The right to set off cannot be applied in the Gilt Account

  3. Both 1 and 2 (Correct)

    Correct answer

  4. D

    None of the above

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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