Options
- A
It will depend on the regulatory limits
- B
It will depend on the fixed costs charged
-
It will depend on percentage sharing ratio agreed upon at the time of signing the agreement
Correct answer
- D
All of the above
Why this is the answer
Profit sharing is typically based on a pre-agreed percentage of profits as per the PMS contract.
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.