Skip to content

NISM Certifications · NISM-Series-XV: Research Analyst · Introduction to Research Analyst Profession

Under the SEBI (Research Analysts) Regulations, 2014, which of the following best describes a 'research report'?

A research report is any written or electronic communication that contains research analysis or a research recommendation on securities, including the analyst's views. It is not limited to paid, printed or messaging-based material, because the regulatory definition is broad and medium-neutral.

  1. AAny written or electronic communication containing research analysis or research recommendation on securities, including the research analyst's views on themCorrect
  2. BOnly a printed document sold to retail investors for a fee
  3. COnly the audited financial statements of a listed company
  4. DOnly a trading tip sent through a messaging application

Explanation

The regulations define a research report broadly as any written or electronic communication that contains research analysis or recommendation about securities or public offers. It is not limited to printed or paid documents. Limiting it to audited accounts or messaging tips is too narrow.

Did you get it right without looking?

One question tells you little. A timed set on Introduction to Research Analyst Profession shows your real accuracy, how long you take and where you lose marks.

Practise Introduction to Research Analyst ProfessionFree diagnostic mock

More Introduction to Research Analyst Profession questions