n NISM Certifications
XVII NISM Series XVII
Medium

To meet a future expense of Rs 5 lakhs in 10 years at an 8% return, the individual should invest approximately Rs 231,599 today.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Rs 231599

    Correct answer

  2. B

    Rs 304780

  3. C

    Rs 178654

  4. D

    Rs 312747

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

Test yourself for real

Take a full NISM Series XVII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.