n NISM Certifications
NSM General NISM
Medium

__________ is the fund created to take care of legitimate investment claims, which are not of a speculative nature of clients of a defaulting member.

Practice question from NISM Series IV - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Investor grievance fund

  2. Investor protection fund

    Correct answer

  3. C

    Core settlement guarantee fund

  4. D

    Member default fund

Why this is the answer

The Investor Protection Fund safeguards legitimate, non-speculative claims of clients of defaulting members.

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