n NISM Certifications
XV NISM Series XV
Medium

Which industry is most negatively affected during a recession?

Practice question from NISM XV Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Pharmaceutical

  2. Airlines

    Correct answer

  3. C

    Food and Beverage

  4. D

    Healthcare

Why this is the answer

During recessions, disposable income falls and fewer people can afford air travel, reducing airline revenues.

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