n NISM Certifications
X NISM Series X
Medium

Income from investments appears in which financial statement?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Balance Sheet

  2. Profit and Loss Account (Income and Expenditure)

    Correct answer

  3. C

    Capital Gains Statement

  4. D

    Cash Flow Statement

Why this is the answer

Income from investments is reflected in the income statement, showing earnings and expenses over a period.

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