n NISM Certifications
NSM General NISM
Medium

Why is the warm market prioritized for the first 10 prospect calls?

Practice question from B20-S1 Client Acquisition — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    They invest larger amounts

  2. They already know and trust the distributor

    Correct answer

  3. C

    They need less documentation

  4. D

    They are easier to convert to equity funds

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

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