Options
- A
More than 6 months
-
More than 12 months
Correct answer
- C
More than 18 months
- D
More than 24 months
Why this is the answer
Units held for over 12 months, listed or unlisted, are classified as long-term capital assets under tax laws.
Test yourself for real
Take a full NISM Series X mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.