NISM Investment Adviser(Level 1) 
Model Question Paper 
If you are looking for NISM Series X-A:Investment 
Adviser (Level 1)Model Question Paper then you are at 
the right place. Just move to the next page to grab model 
questions of NISM-Series-X-A: Investment Adviser (Level 
1) Certification exam.
Q.1. A NPS subscriber can lodge his complaints 
using ______. 
A. SCORES 
B. CGMS 
C. IGMS 
D. BOLT
Q.2. A person with the fiduciary responsibility to administer 
the estate of the deceased person is termed as an ______. 
A. Nominee 
B. Testator 
C. Executor 
D. Legatee
Q.3. A strategy which brings in the element of market timing 
and view based allocation to portfolio management is known 
as? 
A. Dynamic Asset Allocation 
B. Strategic Asset Allocation 
C. Tactical Asset Allocation 
D. Periodic Asset Allocation
Q.4. After how many years, withdrawals are allowed for 
a PPF account? 
A. 8 years 
B. 7 years 
C. 5 years 
D. 3 years
Q.5. An investment adviser needs to apply for renewal 
of his registration certificate within? 
A. 6 months before expiry 
B. 3 months before expiry 
C. 9 months before expiry 
D. 12 months before expiry
Q.6. If the variance of a security is 25, what is the 
standard deviation? 
A. 625 
B. 5 
C. 50 
D. 20
Q.7.Income tax authorities can attach PPF 
accounts to recover tax dues - True or False ? 
A. True 
B. False
Q.8. Loss from Business or Profession cannot be 
set-off from ______ . 
A. Short Term Capital Gain 
B. Long Term Capital Gain 
C. Income from Salary 
D. Income from Other Sources.
Q.9. The rate at which RBI lends short term 
money to the Bank is known as__________ . 
A. Repo Rate 
B. Reverse Repo Rate 
C. Bank Rate 
D. CRR
Q.10. The standard deviation of returns is 30% for Stock 
A and 20% for Stock B. The covariance between the 
returns of A and B is 0.006. The correlation of returns 
between stocks A and B is ________. 
A. 0.10 
B. 0.20 
C. 0.30 
D. 0.35
Just visit http://pass4sure.in to know the 
answers of these questions. At Pass4sure, you 
can test yourself by giving NISM Investment 
Adviser (Level 1) mock/practice test online. To 
score high in NISM exams, just pay Rs. 499 
only to grab more than 500 questions & 
answers with explanations.

Nism investment adviser level 1- model question paper

  • 1.
    NISM Investment Adviser(Level1) Model Question Paper If you are looking for NISM Series X-A:Investment Adviser (Level 1)Model Question Paper then you are at the right place. Just move to the next page to grab model questions of NISM-Series-X-A: Investment Adviser (Level 1) Certification exam.
  • 2.
    Q.1. A NPSsubscriber can lodge his complaints using ______. A. SCORES B. CGMS C. IGMS D. BOLT
  • 3.
    Q.2. A personwith the fiduciary responsibility to administer the estate of the deceased person is termed as an ______. A. Nominee B. Testator C. Executor D. Legatee
  • 4.
    Q.3. A strategywhich brings in the element of market timing and view based allocation to portfolio management is known as? A. Dynamic Asset Allocation B. Strategic Asset Allocation C. Tactical Asset Allocation D. Periodic Asset Allocation
  • 5.
    Q.4. After howmany years, withdrawals are allowed for a PPF account? A. 8 years B. 7 years C. 5 years D. 3 years
  • 6.
    Q.5. An investmentadviser needs to apply for renewal of his registration certificate within? A. 6 months before expiry B. 3 months before expiry C. 9 months before expiry D. 12 months before expiry
  • 7.
    Q.6. If thevariance of a security is 25, what is the standard deviation? A. 625 B. 5 C. 50 D. 20
  • 8.
    Q.7.Income tax authoritiescan attach PPF accounts to recover tax dues - True or False ? A. True B. False
  • 9.
    Q.8. Loss fromBusiness or Profession cannot be set-off from ______ . A. Short Term Capital Gain B. Long Term Capital Gain C. Income from Salary D. Income from Other Sources.
  • 10.
    Q.9. The rateat which RBI lends short term money to the Bank is known as__________ . A. Repo Rate B. Reverse Repo Rate C. Bank Rate D. CRR
  • 11.
    Q.10. The standarddeviation of returns is 30% for Stock A and 20% for Stock B. The covariance between the returns of A and B is 0.006. The correlation of returns between stocks A and B is ________. A. 0.10 B. 0.20 C. 0.30 D. 0.35
  • 12.
    Just visit http://pass4sure.into know the answers of these questions. At Pass4sure, you can test yourself by giving NISM Investment Adviser (Level 1) mock/practice test online. To score high in NISM exams, just pay Rs. 499 only to grab more than 500 questions & answers with explanations.