n NISM Certifications
XVII NISM Series XVII
Medium

For emergency funds, highly liquid investments are essential to ensure quick access during unforeseen circumstances.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    They should give good returns

  2. They should be highly liquid

    Correct answer

  3. C

    They should have low default risk

  4. D

    They should be of fixed tenure

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

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