n NISM Certifications
XVII NISM Series XVII
Medium

How can Bucket 1 be refilled in the 'Bucket Strategy'?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Refilled from Bucket 2 or 3 whenever there's a withdrawal

  2. Refilled from Bucket 2 as per a pre-fixed schedule

    Correct answer

  3. C

    Only after all funds are exhausted, refilled from Bucket 2

  4. D

    Transferred from Bucket 2 or 3 based on trading gains

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

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