n NISM Certifications
XV NISM Series XV
Medium

Which section of a research report is purely factual?

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

Options

  1. A

    Valuation

  2. B

    Financial forecast

  3. Shareholding pattern

    Correct answer

  4. D

    All of the above

Why this is the answer

Shareholding pattern is factual, based on regulatory disclosures. Valuation and forecasts involve assumptions and analyst judgment.

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