n NISM Certifications
X NISM Series X
Medium

______ instruments are used by structured products for tailoring risk and return features.

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. Derivatives

    Correct answer

  2. B

    Index Exposure

  3. C

    Mutual Fund Exposure

  4. D

    All of the above

Why this is the answer

Derivatives are primarily used in structured products to customize risk and return profiles.

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