n NISM Certifications
X NISM Series X
Medium

Which of these is NOT a valid category of portfolio management service providers?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Commodity PMS

  2. Forex PMS

    Correct answer

  3. C

    Equity PMS

  4. D

    Fixed income PMS

Why this is the answer

Portfolio management services are categorized based on asset class; Forex PMS is not recognized as a distinct category.

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