n NISM Certifications
X NISM Series X
Medium

Exchange Traded Funds (ETFs) are ________ investments.

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

    Alternative

  2. B

    New age

  3. C

    General

  4. Traditional

    Correct answer

Why this is the answer

ETFs are a traditional form of securities traded on exchanges, similar to stocks.

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.