n NISM Certifications
X NISM Series X
Medium

Financial Planning also pertains to __________.

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Income during retirement

  2. B

    Expenses during retirement

  3. C

    Budgeting during retirement

  4. All of the above

    Correct answer

Why this is the answer

Financial planning covers income planning, expense management, and budgeting during retirement to ensure financial stability throughout the post-retirement phase.

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