n NISM Certifications
NSM General NISM
Medium

Scenario: A client nearing retirement wants regular income with minimal risk. Which product category best fits?

Practice question from Test Your Knowledge — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Equity mutual funds

  2. Debt funds and systematic withdrawal plans

    Correct answer

  3. C

    Speculative stocks

  4. D

    High-risk hybrid funds

Why this is the answer

Debt funds offer capital preservation and income; SWP provide systematic withdrawals matching client needs.

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.