Banking · Wealth Management Services
Identify the correct statements from the following about Custodial and Portfolio Management Services (PMS) in India: 1. Custodian banks primarily serve retail customers like individual depositors and credit card holders. 2. In portfolio management, the risk of a security is evaluated based on its standalone risk, independent of the portfolio. 3. Diversification within a portfolio reduces the overall risk by spreading investments across asset classes. 4. Portfolio strategies must consider investor-specific factors like tax rates, transaction costs, and risk appetite. 5. In PMS, transactions must be booked at pre-agreed fixed prices to reduce uncertainty. 6. Banks must maintain CRR/SLR on undeployed funds under Portfolio Management Schemes.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only 3, 4, and 6✓
- 2Only 2, 3, 5, and 6
- 3Only 1, 3, 4, and 5
- 4All of the above
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Only 3, 4, and 6
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