n NISM Certifications
X NISM Series X
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What information should an investment adviser gather to perform effective risk profiling?

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Client’s risk capacity

  2. B

    Age, objectives, timeframes

  3. C

    Income, investments, loans

  4. All of the above

    Correct answer

Why this is the answer

Comprehensive risk profiling involves collecting data on the client’s risk capacity, age, goals, income, existing assets, liabilities, and other relevant factors.

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