n NISM Certifications
XVII NISM Series XVII
Medium

How is the rate of return in the Employee Provident Fund (EPF) scheme determined?

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

Options

  1. By the government annually for employees’ contributions

    Correct answer

  2. B

    Based on the bank rates for employer contributions

  3. C

    As a 10-year average of GSec rates

  4. D

    Dependent on the scheme’s investment returns

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

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