n NISM Certifications
X NISM Series X
Medium

Which best describes the primary focus of financial planning?

Practice question from NISM Series XB- Investment Adviser (Level 1) Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Selecting investment products promising assured returns

  2. B

    Choosing products for quick results

  3. Efficiently meeting investors’ needs

    Correct answer

  4. D

    Picking features with the best risk-return ratio

Why this is the answer

Financial planning aims to optimize resources to fulfill the current and future needs of the individual or household efficiently.

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