n NISM Certifications
X NISM Series X
Medium

______ is the most important attribute while choosing a comparable benchmark index.

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. A

    Easy understanding

  2. B

    Measurability of performance

  3. C

    Number of securities

  4. Investment Approach

    Correct answer

Why this is the answer

The benchmark should align with the investment strategy and approach of the portfolio.

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