n NISM Certifications
VII NISM Series VII
Medium

Who acts as the Clearing Member for mutual fund trades in the cash segment?

Practice question from NISM Series VII Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Mutual fund AMC

  2. Custodians

    Correct answer

  3. C

    Trading members

  4. D

    Clients

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

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