n NISM Certifications
X NISM Series X
Medium

Which entity creates sectoral indices for specific sectors like banking or pharma?

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

Options

  1. A

    Ministry of Finance

  2. Stock Exchanges

    Correct answer

  3. C

    SEBI

  4. D

    Ministry of Corporate Affairs

Why this is the answer

Stock exchanges develop sector indices to facilitate tracking and analysis of specific industry sectors.

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