Options
- A
To generate a limited amount of money
-
An investment plan focused on a specific goal
Correct answer
- C
An investment plan with a specific risk profile
- D
A specific investment option
Why this is the answer
This approach involves creating a financial plan for a specific goal, such as saving for a child’s higher education. An alternative approach is a comprehensive financial plan that considers all financial goals.
Test yourself for real
Take a full NISM Series V-A mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.