Options
- A
True
-
False
Correct answer
Why this is the answer
The benchmark for debt schemes is typically chosen based on the scheme type and the investment universe, not the size of the scheme. For example, liquid funds typically use short-term money market benchmarks, while gilt funds use government securities-based indices.
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.