n NISM Certifications
X NISM Series X
Medium

Are all primary market issues compulsorily public issues?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Yes

  2. No

    Correct answer

Why this is the answer

Primary issues can be private (to promoters or institutions) or public; not all are necessarily public offerings.

Test yourself for real

Take a full NISM Series X mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.