n NISM Certifications
XV NISM Series XV
Medium

What is the primary objective of a good management succession plan?

Practice question from NISM XV Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    To ensure operational efficiency continues improving

  2. B

    To ensure hassle-free transfer of a promoter’s estate to legal heirs

  3. C

    To ensure annual targets of the company are met

  4. To ensure continuity in management

    Correct answer

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

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NISM XV Mock Test 6