n NISM Certifications
NSM General NISM
Medium

Which operational feature may be available in SIFs?

Practice question from Advanced B1 S2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Physical passbook investing only

  2. B

    Manual offline-only transactions

  3. C

    Ban on SIP/STP/SWP facilities

  4. Fully digital transaction process

    Correct answer

Why this is the answer

SIFs are expected to support modern operational features such as online investing and systematic transactions.

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