n NISM Certifications
X NISM Series X
Medium

What does Financial Planning recommend?

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

    Asset allocation that reduces risk

  2. B

    Asset allocation that maximizes returns

  3. Asset allocation suited to the investor’s needs

    Correct answer

  4. D

    Asset allocation to meet goals quickly

Why this is the answer

The primary aim of financial planning is aligning investments with the investor’s specific goals and needs.

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