n NISM Certifications
XVII NISM Series XVII
Medium

The income stream from an annuity depends on which factor?

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

    The rates guaranteed by the Government

  2. B

    The rate as per Employees’ Provident Fund Act

  3. C

    The rate of return earned on the NPS contribution

  4. The annuity rates at the time of purchase

    Correct answer

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

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NISM Series XVII- Retirement Adviser Moc…