n NISM Certifications
XXI NISM Series XXI-A
Medium

A Portfolio Manager wants to follow an active investment strategy. What point(s) will he put forward regarding the Efficiency of Markets, to support his decision?

Practice question from NISM XXI A for PMS - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Any price-sensitive information is not reflected into the price quickly

  2. B

    Any price-sensitive information is not reflected accurately in the prices

  3. C

    The markets are not strongly efficient at all times

  4. D

    Both B and C

  5. E

    Both A and C

  6. F

    Both A and B

  7. All A, B, and C

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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