NP

NISM Series X-A

Investment Adviser (Level 1)

X-A chapters / Module 3: Investment Products

Chapter 7. Introduction to Investment

The main investment classes, from equity, preference shares and debt to commodities, real estate, structured products and art, and the channels for investing in them.

Total watch time 22 min · Hindi audio

Key topics

  • Equity, preference shares and DVRs
  • Government vs. corporate debt, credit spreads and ratings
  • Commodities and real estate / REITs
  • Structured products (MLDs), distressed securities and art
  • Direct vs. managed channels: mutual funds, PMS and AIFs

Chapter test

25 multiple-choice questions with explanations. Score 60% or more to complete this chapter.

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Practice questions are based on the NISM Series X-A workbook (February 2025), updated for later SEBI/RBI changes up to November 2026. Always check the latest NISM syllabus before your exam. Video lessons on YouTube ↗