n NISM Certifications
VII NISM Series VII
Medium

The facility to cancel or modify mutual fund orders is available during:

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

Options

  1. Trading hours

    Correct answer

  2. B

    Close of trade

  3. C

    Pre-trade

  4. D

    All of the above

Why this is the answer

Mutual fund orders can only be cancelled or modified during trading hours, generally 9:00 am to 3:00 pm.

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