NISM Research Analyst Mock Test 2025 – Free Chapter-Wise Practice Questions
Chapter 1: Introduction to Research Analyst Profession — Mock Questions Q1. The primary role of a Research Analyst is to: A. Provide investment advice to clients directly B. Conduct research and make recommendations based on analysis C. Trade on behalf of clients D. Manage portfolios ✅ Answer: B Explanation: A research analyst studies securities, industries, and markets to provide insights and recommendations — not to trade or manage portfolios directly. Q2. Which of the following is NOT a typical function of a research analyst? A. Data collection and analysis B. Forecasting company performance C. Execution of client trades D. Writing research reports ✅ Answer: C Explanation: Analysts do not execute trades — that’s done by brokers or dealers. Q3. Sell-side analysts are typically employed by: A. Mutual funds B. Portfolio management companies C. Brokerage or investment banks D. Insurance companies ✅ Answer: C Explanation: Sell-side analysts work for brokerag...