n NISM Certifications
V-A NISM Series V-A
Medium

The opening of the time-stamping machine needs to be documented and reported to ________.

Practice question from NISM Series V A - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Sponsors

  2. Trustees

    Correct answer

  3. C

    SEBI

  4. D

    Asset Management Company

Why this is the answer

Any opening of time-stamping machines used for mutual fund transactions (e.g., for repairs or maintenance) must be documented and reported to the Trustees to ensure transparency and security.

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