n NISM Certifications
XV NISM Series XV
Medium

What are Final Goods?

Practice question from NISM XV Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Goods used in further production

  2. Goods consumed by economic participants

    Correct answer

  3. C

    Raw materials

  4. D

    None of the above

Why this is the answer

Final goods are products purchased by end-users for consumption and are not used as inputs for further production.

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