n NISM Certifications
X NISM Series X
Medium

Jaya requires Rs.5 lakhs for an emergency medical situation. Which investment is she most likely to use?

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

Options

  1. A

    Shares of Hindalco Ltd

  2. Bank deposit

    Correct answer

  3. C

    Gold jewellery

  4. D

    5-year bonds of a finance company

Why this is the answer

Bank deposits are highly liquid and suitable for emergencies, allowing quick access to funds.

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.