n NISM Certifications
NSM General NISM
Medium

Which of the following statements is ‘True’ with respect to celebrity endorsement for mutual funds?

Practice question from LEGAL AND REGULATORY FRAMEWORK Test — bank. The correct answer is highlighted below with a full explanation.

Options

  1. SEBI has permitted celebrity endorsement at the industry level forthe purpose of increasing the awareness of mutual funds

    Correct answer

  2. B

    SEBI has permitted celebrity endorsementsforthe promotion of individual mutual fund schemes

  3. C

    Celebrities can endorse only NFOs

  4. D

    Celebrities can endorse only ongoing mutual fund schemes

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

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