n NISM Certifications
XVII NISM Series XVII
Medium

As per the NPS Trust Deed, the beneficial interest of a subscriber is limited to their holding in the scheme.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The CAGR return guaranteed by PFRDA in the holding period

  2. B

    Percentage of returns generated by the scheme in the first five years

  3. Limited to their holding in the scheme

    Correct answer

  4. D

    Rate of return for the year as declared by NPS trust

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

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