n NISM Certifications
XV NISM Series XV
Medium

Which is a deeply cyclical industry?

Practice question from NISM XV Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Consumer durables

  2. B

    Healthcare

  3. C

    Food & Beverage

  4. Capital goods

    Correct answer

Why this is the answer

Capital goods demand rises sharply during economic booms when businesses expand and falls in recessions when investment slows, making this sector deeply cyclical.

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