NISM Series X-A

NISM Series X-A (Investment Adviser Level 1): Mock Test 

Mock Test: Focus on multiple-choice questions (MCQs) covering concepts, regulations, and case studies. Use mock tests for time management and reinforcing weaker areas, reviewing common question patterns.

0%
NISM Series X-A: Mock Test 1

NISM Series X-A: Mock Test 1

NISM Series X-A (Investment Advisor Level-1): Mock Test 1

1 / 50

1. What is the primary objective of diversification in a portfolio?

2 / 50

2. Which of the following investment products offers tax benefits under Section 80C of the Income Tax Act?

3 / 50

3. Under SEBI guidelines, an Investment Adviser must act in which capacity?

4 / 50

4. Under which section of the Income Tax Act is interest earned on savings bank accounts exempt up to ₹10,000?

5 / 50

5. A client’s risk tolerance is assessed using which of the following methods?

6 / 50

6. Which of the following statements is true about diversification?

7 / 50

7. What is the primary objective of a "balanced mutual fund"?

8 / 50

8. Which of the following is not a category of debt mutual funds?

9 / 50

9. Which financial ratio is used to measure the ability of a company to meet its short-term obligations?

10 / 50

10. Which type of mutual fund is best suited for short-term investment goals?

11 / 50

11. The concept of 'asset allocation' refers to:

12 / 50

12. Which of the following is NOT a tax-free income in India?

13 / 50

13. Which of the following is a goal of "estate planning"?

14 / 50

14. Which of the following is NOT a feature of Exchange-Traded Funds (ETFs)?

15 / 50

15. What does the term "alpha" refer to in portfolio performance evaluation?

16 / 50

16. The "expense ratio" in a mutual fund refers to:

17 / 50

17. Which of the following is true regarding "inflation risk"?

18 / 50

18. Which of the following is true regarding systematic risk?

19 / 50

19. What is the minimum validity period of a financial plan recommended by SEBI?

20 / 50

20. In which of the following scenarios would a "term insurance policy" be most appropriate?

21 / 50

21. What does the term "systematic investment plan" (SIP) refer to?

22 / 50

22. Which of the following is true about "interest rate risk"?

23 / 50

23. What is the lock-in period for an Equity-Linked Savings Scheme (ELSS)?

24 / 50

24. The process of balancing the risk-reward profile of a portfolio by periodically adjusting the weight of asset classes is known as:

25 / 50

25. What is a key feature of "tax-free bonds"?

26 / 50

26. Which of the following is considered a high-risk, high-return investment?

27 / 50

27. Which ratio is used to assess the risk-adjusted return of a mutual fund?

28 / 50

28. What does risk profiling help determine in investment advisory?

29 / 50

29. Which of the following can help reduce credit risk in a bond portfolio?

30 / 50

30. Which of the following is an example of an actively managed fund?

31 / 50

31. Which of the following is an example of a derivative product?

32 / 50

32. A client’s total asset allocation should consider which of the following factors?

33 / 50

33. . What is the primary goal of retirement planning?

34 / 50

34. Which of the following is not considered a fixed-income security?

35 / 50

35. Which of the following is considered a "direct tax"?

36 / 50

36. A bond issued at a discount and redeemed at face value is called:

37 / 50

37. Which of the following is an example of an illiquid asset?

38 / 50

38. Which of the following is a key role of an Investment Adviser?

39 / 50

39. What does a client’s "risk capacity" indicate?

40 / 50

40. Which of the following is considered a "real asset"?

41 / 50

41. An individual seeking regular income with low risk should consider investing in:

42 / 50

42. Which of the following entities regulates the mutual fund industry in India?

43 / 50

43. Which of the following is NOT a benefit of investing in mutual funds?

44 / 50

44. Which of the following is an example of an equity-related product?

45 / 50

45. The maximum tax deduction available under Section 80C is:

46 / 50

46. Which type of mutual fund primarily invests in debt instruments?

47 / 50

47. Which financial statement summarizes a company’s revenues and expenses over a period of time?

48 / 50

48. What does SEBI stand for?

49 / 50

49. What does "liquidity risk" refer to?

50 / 50

50. Which of the following instruments is issued by the Government of India and has a maturity of more than one year?

Your score is

The average score is 72%

0%


NISM Series V-A Mock Test | NISM Series XIII Mock Test | NISM Series XV Mock Test | | NISM Series XXI-A PMS Mock Test |

For the latest and accurate information, please visit the NISM website at https://certifications.nism.ac.in/nismaol/.