n NISM Certifications
X NISM Series X
Medium

Which should be prioritized first—investments or insurance?

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Investments, for higher returns

  2. Insurance, to protect earning capacity

    Correct answer

  3. C

    Insurance, because it is mandatory

  4. D

    Personal choice of investor

Why this is the answer

Insurance safeguards income and assets from unforeseen losses, forming a foundation before pursuing investments aimed at wealth accumulation.

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