Multiple choice

Which of the following is true regarding mutual fund agents/intermediaries?

  1. It is compulsory for the mutual funds agent/intermediary

  2. Agents have to be registered with AMFI

  3. Only males are allowed to be agents

  4. Agents can pass back the commissions to investors invest in through
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Mutual fund agents and intermediaries must be registered with AMFI (Association of Mutual Funds in India) and pass the AMFI certification exam. This ensures minimum knowledge standards and regulatory compliance. Option A is grammatically incomplete, options C and D describe prohibited practices.

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