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

True or False: Stock exchanges providing mutual fund trading facilities must also guarantee settlement.

Practice question from Nism VA Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    True

  2. False

    Correct answer

Why this is the answer

Stock exchanges facilitate order routing but do not provide settlement guarantees. The responsibility for settlement lies with the AMC.

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