n NISM Certifications
NSM General NISM
Medium

Why did two clients react differently to the same fund performance data (7/10 vs 3/10)?

Practice question from I-B4 Session 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Different risk appetite

  2. B

    Different investment goals

  3. Framing Bias

    Correct answer

  4. D

    Different time horizons

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

Test yourself for real

Take a full General NISM mock test.

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