Options
- A
The Custodian
- B
The Broker / Mutual Fund Agent
- C
AMFI
-
The R & T Agent
Correct answer
Why this is the answer
The Registrar and Transfer Agent (RTA) is responsible for processing the purchase, redemption, and switch transactions, maintaining records of investors, and managing unit allotment or redemption. The custodian is responsible for safekeeping of securities, while AMFI is the industry body for mutual funds.
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.