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

Which of these statements is TRUE with respect to Cut-off timings?

Practice question from Nism VA Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Cut-off timings are prescribed by SEBI from time to time

    Correct answer

  2. B

    Cut-off timings are agreed upon between the AMC and the Collection centers

  3. C

    Cut-off timings are different from AMC to AMC

  4. D

    Cut-off timings are different for different RTAs

Why this is the answer

SEBI sets uniform cut-off timings for mutual fund transactions to determine the applicable NAV. These timings are standardized across all mutual funds and are not determined by individual AMCs or RTAs.

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