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

Which of these statement(s) is/are TRUE? (A) If the mutual fund units are held in demat form, they cannot be converted into physical form.(B) When a mutual fund is redeemed or when there is a dividend pay-out, the amount will be credited to the bank account linked to the demat account for those mutual fund investors who opt for demat units.

Practice question from Nism VA Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Only A is correct

  2. Only B is correct

    Correct answer

  3. C

    Both A and B are correct

  4. D

    Neither A nor B are correct

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

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