Options
- A
No, capital gains and losses cannot be set off.
-
Yes, it is possible to set off capital gains and losses.
Correct answer
- C
Only capital gains can be set off against capital losses.
- D
Only capital losses can be set off against capital gains.
Test yourself for real
Take a full General NISM mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.