n NISM Certifications
XVII NISM Series XVII
Medium

Changes in inflation and investment returns should be periodically reviewed to adapt the financial plan in response to economic fluctuations and ensure continued relevance.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. To respond to the business / economic cycles

    Correct answer

  2. B

    Because needs change with passage of time

  3. C

    To reflect the changes of milestones in life

  4. D

    To reflect the changes in risk appetite

Why this is the answer

Monitoring inflation and investment return changes allows adjustments aligned with macroeconomic conditions, maintaining the adequacy of financial plans.

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