n NISM Certifications
NSM General NISM
Medium

What should the prospectus of an insurance product describe?

Practice question from IC 38 Mock Test 19 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. The contingency or contingencies to be covered by insurance

    Correct answer

  2. B

    Investment opportunities offered by the insurer

  3. C

    Competitor analysis and market share

  4. D

    Financial statements and annual reports of the insurer

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.