πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    ⚑ Month End Offer - Flat 52% Off On All Courses! Enroll Now ⚑
    00:00:00 AM Left

    Question

    Which of the following is the correct full form of CAS,

    in the context of mutual funds and securities?
    A Credit Approval Scheme Correct Answer Incorrect Answer
    B Consolidated Account Statement Correct Answer Incorrect Answer
    C Customer Assurance Service Correct Answer Incorrect Answer
    D Cash Allocation System Correct Answer Incorrect Answer
    E Central Account Scheme Correct Answer Incorrect Answer

    Solution

    A Consolidated Account Statement (CAS) is a single document that provides details of all transactions and holdings across multiple mutual funds and securities for an investor. It helps investors keep track of their investments in a consolidated manner, offering transparency and ease of monitoring.

    Practice Next
    ask-question