Options
- A
True
-
False
Correct answer
Why this is the answer
The auditor for the scheme accounts must be different from the auditor of the AMC (Asset Management Company). The scheme auditor is appointed by the Trustees, while the AMC auditor is appointed by the AMC.
Test yourself for real
Take a full NISM Series V-A mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.