Options
- A
It is the scheme with the lower NAV
-
It is the scheme from which funds are transferred
Correct answer
- C
It is the scheme to which funds are transferred
- D
It is the scheme with the higher NAV
Why this is the answer
The source scheme is where the funds are debited from in an STP. The amount is transferred periodically to the target scheme.
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.