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

Which of these statement(s) is/are TRUE? (A) The Asset Management Company (AMC) is not accountable for the procedures for detecting incorrect valuation. (B) It is mandatory for the AMC to disclose the valuation policy.

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 true

  2. Only B is true

    Correct answer

  3. C

    Both A and B are true

  4. D

    Both A and B are false

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

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