n NISM Certifications
XVII NISM Series XVII
Medium

For Ms. B, planning retirement in 20 years, which investment is currently NOT suitable?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Gold

  2. B

    Equity

  3. C

    Long-term debt funds

  4. Money market mutual funds

    Correct answer

Why this is the answer

Money market funds are short-term, low-yield investments, not suitable for long-term growth needed for retirement.

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