n NISM Certifications
XVII NISM Series XVII
Medium

National Savings Certificate is suitable for accumulation of retirement corpus because ______.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    one can choose the asset class in which to invest

  2. B

    it provides tax benefits on investments but withdrawals are taxable

  3. C

    the short investment tenor can be used to target higher returns

  4. the interest is not paid annually but paid only on maturity

    Correct answer

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

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