n NISM Certifications
XV NISM Series XV
Medium

Which of the following would be considered an entry barrier in an industry?

Practice question from NISM XV Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Strong brands and distribution networks

  2. B

    Extensive licensing requirements

  3. C

    Huge investments in assets

  4. All of the above

    Correct answer

Why this is the answer

Entry barriers prevent new competitors from easily entering a market and include strong branding, high capital requirements, patents, and regulatory licensing.

Test yourself for real

Take a full NISM Series XV mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.