n NISM Certifications
XVII NISM Series XVII
Medium

How are debt repayment obligations classified in retirement expenses?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Recreation expenses

  2. B

    Discretionary expenses

  3. Mandatory expenses

    Correct answer

  4. D

    Living expenses

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

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