n NISM Certifications
X NISM Series X
Medium

Which of the following is NOT eligible for indexation benefits?

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Government-issued Capital Linked Bonds

  2. B

    Non-depreciable assets

  3. Market Linked Debentures

    Correct answer

  4. D

    Bonds

Why this is the answer

Gains from Market Linked Debentures are taxed as short-term capital gains without indexation benefits, unlike other assets such as bonds or government bonds.

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