n NISM Certifications
XVII NISM Series XVII
Medium

The maximum tenure of a Reverse Mortgage Loan scheme will be ______.

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

    10 years

  2. 20 years

    Correct answer

  3. C

    30 years

  4. D

    Till the end of the life of the borrower

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

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