n NISM Certifications
XXI NISM Series XXI-A
Medium

Which of the following is a common feature of 'Exchange-Traded Funds' (ETFs)?

Practice question from NISM XXI A for PMS - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    They are only available to institutional investors

  2. They are traded on stock exchanges like stocks

    Correct answer

  3. C

    They track a specific index but cannot be bought or sold during trading hours

  4. D

    They do not offer diversification benefits

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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