n NISM Certifications
XVII NISM Series XVII
Medium

How does Ms. Smita’s periodic investing in a falling market benefit her?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. More units bought during falling prices, portfolio benefits when prices rise

    Correct answer

  2. B

    More units bought, but portfolio depreciates over time

  3. C

    Fewer units bought, no benefit when prices rise

  4. D

    Fewer units bought, portfolio depreciates

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.