n NISM Certifications
X NISM Series X
Medium

The subject matter of a trust is called:

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Trust Deed

  2. B

    Beneficiary of a trust

  3. C

    Author of a trust

  4. Trust money or Trust property

    Correct answer

Why this is the answer

The trust's subject matter refers to the assets or property held within the trust, which is managed for the beneficiaries.

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