n NISM Certifications
NSM General NISM
Medium

What is the benefit of a tailor-made policy for a homogeneous group?

Practice question from IC 38 Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Lower premium rates

  2. B

    Access to exclusive banking services

  3. Customized coverage to suit their requirements

    Correct answer

  4. D

    Higher interest rates on savings accounts

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

Test yourself for real

Take a full General NISM mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.