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

Which intermediary is responsible for the implementation of uniform KYC?

Practice question from NISM Series V A - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Asset Management Company

  2. KYC Registration Agencies

    Correct answer

  3. C

    Registrar and Transfer Agents

  4. D

    Depository participants

Why this is the answer

KYC Registration Agencies (KRAs) are responsible for maintaining the uniform KYC process across all mutual fund investments, as per SEBI regulations.

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