n NISM Certifications
NSM General NISM
Medium

How do Renewal Premium Receipts (RPR) help in resolving premium payment disputes?

Practice question from IC 38 Mock Test 18 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Specify method and frequency of payment

  2. B

    Indicate final maturity date

  3. Serve as proof of premium payment

    Correct answer

  4. D

    Provide next due date of premium

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

Test yourself for real

Take a full General NISM mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.