n NISM Certifications
X NISM Series X
Medium

To have better clarity in the Investment Policy Document, the goals of the investor should be categorized on the basis of ______.

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Risk and Returns

  2. Time period and Priority

    Correct answer

  3. C

    Returns and Time period

  4. D

    Time priority and Returns

Why this is the answer

Investor goals are categorized based on time horizon and priority so that essential and long-term goals are addressed first and appropriate asset allocation strategies can be framed accordingly.

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