n NISM Certifications
X NISM Series X
Medium

Which of the following is TRUE about Unlisted Equity investments?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The price availability is sporadic / infrequent

  2. B

    Liquidity is quite low

  3. C

    Due to illiquidity, their prices are at a discount

  4. All of the above

    Correct answer

Why this is the answer

Unlisted equities are illiquid, often traded at discounts, and prices are not regularly available.

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