n NISM Certifications
XVII NISM Series XVII
Medium

According to the NPS Trust Deed, what is the beneficial interest of subscribers in the scheme?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rate of return declared annually

  2. B

    Percentage of scheme’s first five-year returns

  3. C

    Guaranteed CAGR return

  4. Limited to their holding in the scheme

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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