n NISM Certifications
NSM General NISM
Medium

When a client asks about your commission, what is the most transparent and effective response?

Practice question from B9-S5 Client Interactions — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Avoid discussing commission as it's confidential

  2. State that you make around 0.7% on average, and it's linked to fund performance

    Correct answer

  3. C

    Tell them your commission is none of their concern

  4. D

    Say you work for free and only earn from bonuses

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.