NISM 10A Investment Adviser Level 1 Notes

Page 29 Of 181

Go to:

  • Responsible Borrowing: Borrow only for appreciating assets or essential needs to maintain financial health.
  • Secured Loans: Backed by collateral, offering lower interest rates but risking asset loss on default.
  • Unsecured Loans: Not backed by collateral, carrying higher interest rates due to increased lender risk.
  • Loan Terms: Include principal, interest rate, tenure, and EMI, critical for evaluating loan suitability.
  • Types of Borrowing: Include home loans, car loans, personal loans, and credit card debt, each with distinct features.

NISM 10A NISM Investment Adviser Level 1

Copyright 2025 - MODELEXAM MODELEXAM®