n NISM Certifications
NSM General NISM
Medium

Client suitability assessment includes:

Practice question from C3 - Test Your Knowledge — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Ignoring client preferences

  2. Risk tolerance, time horizon, financial goals

    Correct answer

  3. C

    Advising without understanding client risks

  4. D

    Recommending speculative products only

Why this is the answer

Suitability checks ensure product recommendations align with client profile.

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