n NISM Certifications
XVII NISM Series XVII
Medium

How is gratuity due typically paid to employees?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Credited annually to FPFO account

  2. In lump sum

    Correct answer

  3. C

    As an annuity

  4. D

    Any of the above as per employee’s choice

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

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