n NISM Certifications
X NISM Series X
Medium

Which two pieces of information are essential for an asset allocation recommendation?

Practice question from NISM Series XB- Investment Adviser (Level 1) Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Investor profile

  2. B

    Risk-return profile of investment options

  3. Both A and B

    Correct answer

  4. D

    Neither A nor B

Why this is the answer

Asset allocation depends on the investor’s profile and the risk-return characteristics of available investments.

Test yourself for real

Take a full NISM Series X mock test.

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