n NISM Certifications
NSM General NISM
Medium

Mutual fund units can be transacted on the platforms of stock exchanges like NSE and BSE. What is the role of the stock exchange in these transactions?

Practice question from Fund Distribution & Channel Management Practices Test — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    They act as the Registrar and Transfer Agent (RTA).

  2. They provide a transaction platform but do not replace the RTAs.

    Correct answer

  3. C

    They offer settlement guarantee for all transactions

  4. D

    They list the mutual fund schemes as equity shares

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

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