n NISM Certifications
XVII NISM Series XVII
Medium

NAV of schemes is declared on every business day, ensuring daily valuation for transactions.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Once a week on every Monday

  2. B

    Once in a month on the 1st working day

  3. On every business day

    Correct answer

  4. D

    On a real-time basis

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

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