n NISM Certifications
XVII NISM Series XVII
Medium

Buying equity shares of a company is a direct activity classified as an investment.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Keeping money in a bank safe deposit locker

  2. B

    Substituting a high-cost loan with a low-cost loan

  3. Buying equity shares of a company

    Correct answer

  4. D

    Making payments to pay off credit card dues

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

Test yourself for real

Take a full NISM Series XVII mock test.

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