Options
- A
Advisory, Sale
-
Advisory, Execution
Correct answer
- C
Financial Planning, Distribution
- D
Priority Sale, Retail Sale
Why this is the answer
Mutual funds categorize relationships as: Advisory: Distributor offers advice while distributing the product. Execution: For transactions where no advice is given.
Test yourself for real
Take a full NISM Series V-A mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.