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

In case the units are pledged, the unit holder ______ .

Practice question from Nism VA Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    can sell the units after the lock-in period

  2. cannot sell the units

    Correct answer

  3. C

    cannot sell but can switch the units to another scheme

  4. D

    cannot do additional purchases

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

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