n NISM Certifications
X NISM Series X
Medium

Mr. Pawar needs ₹10 lakhs in six months for his son’s admission fees. Which investment is most appropriate?

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. Short-term debt fund

    Correct answer

  2. B

    Equity shares of growth companies

  3. C

    Real estate

  4. D

    Long-term corporate bond

Why this is the answer

Given the short time horizon and need for capital safety, a short-term debt fund is suitable as equities and real estate carry higher risk and volatility.

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.