n NISM Certifications
XVII NISM Series XVII
Medium

The eligible subscribers to the NPS are allotted a 12-digit unique ________.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Public Retirement Account Number (PRAN)

  2. B

    Private Retirement Account Number (PRAN)

  3. C

    Permanent Retirement Access Number (PRAN)

  4. Permanent Retirement Account Number (PRAN)

    Correct answer

Why this is the answer

Subscribers to the NPS system are assigned a unique 12-digit Permanent Retirement Account Number (PRAN) upon registration, which is used for all account transactions.

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