Options
- A
Changed whenever portfolio holdings change
-
Regularly reviewed for continued suitability
Correct answer
- C
Retained for the entire investment period
- D
Approved by regulators
Why this is the answer
Benchmarks must be periodically reviewed to ensure they remain aligned with the portfolio’s investment objectives, strategy, and changing market conditions.
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.