n NISM Certifications
X NISM Series X
Medium

Which organization must a portfolio manager be in India?

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

Options

  1. A

    Sole proprietorship

  2. B

    Co-operative society

  3. C

    Partnership firm

  4. Body corporate

    Correct answer

Why this is the answer

PMS entities are structured as companies (body corporates).

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