n NISM Certifications
X NISM Series X
Medium

Ms. Meeta wants regular income and approaches a PMS. Which investment would be preferred?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Small and mid-cap equity shares

  2. B

    New IPOs

  3. C

    Zero coupon bonds

  4. Dividend-paying equity shares

    Correct answer

Why this is the answer

For investors seeking regular income, portfolio managers prefer dividend-paying stocks or interest-generating securities as they provide periodic cash flows rather than relying solely on capital appreciation.

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.