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

Which type of transactions are allowed on a stock exchange platform for mutual fund trading? (A) Redemptions (B) Fresh subscription (C) Additional purchases

Practice question from NISM Series V A - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Only B

  2. A, B, and C

    Correct answer

  3. C

    A and B

  4. D

    B and C

Why this is the answer

Investors can transact in mutual fund units on the stock exchange platform for fresh subscriptions, additional purchases, and redemptions, depending on the type of fund.

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