Options
- A
Both B and C
- B
Both A and C
- C
Both A and B
-
All A, B, and C
Correct answer
Why this is the answer
Active managers believe markets are not always perfectly efficient; information may not be reflected immediately or fully, allowing for opportunities to outperform.
Test yourself for real
Take a full NISM Series XXI-A mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.