n NISM Certifications
XVII NISM Series XVII
Medium

A comprehensive understanding of a retirement goal includes recognizing that it requires a large corpus, must be built from owned funds, and is inherently long-term.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    It requires a large corpus

  2. B

    It has to be built out of owned funds

  3. C

    It is long term in nature

  4. All of the above

    Correct answer

Why this is the answer

Retirement planning necessitates accumulating a sizable fund over time from personal savings, suited to long-term horizons.

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