n NISM Certifications
X NISM Series X
Medium

A non-individual Investment Adviser must have a net worth of Rs:

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    5 lakhs

  2. B

    25 lakhs

  3. 50 lakhs

    Correct answer

  4. D

    75 lakhs

Why this is the answer

SEBI requires minimum net worth of Rs 50 lakhs for non-individual IAs.

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