n NISM Certifications
V-A NISM Series V-A
Medium

_________ is not a financial asset.

Practice question from NISM Series V A - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Picasso painting

    Correct answer

  2. B

    Insurance

  3. C

    ETF Gold

  4. D

    Real Estate Fund

Why this is the answer

A Picasso painting is a physical asset, while insurance, ETF Gold, and Real Estate Funds are considered financial assets because they are investments that can be traded or hold financial value.

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