n NISM Certifications
X NISM Series X
Medium

Which of the following is NOT part of the financial planning process?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Develop recommendations

  2. B

    Set goals

  3. C

    Monitoring

  4. Financing the investments

    Correct answer

Why this is the answer

Financial planning emphasizes goal setting, strategy development, and monitoring; actual financing is a separate process.

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