n NISM Certifications
X NISM Series X
Medium

What should an investment adviser do during client onboarding?

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

Options

  1. A

    Construct a defensive portfolio

  2. B

    Build a risky portfolio to test comfort

  3. Conduct proper risk profiling

    Correct answer

  4. D

    Ask about investment preferences

Why this is the answer

SEBI mandates risk profiling to ensure recommendations suit the client’s risk capacity and objectives.

Test yourself for real

Take a full NISM Series X mock test.

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