n NISM Certifications
XVII NISM Series XVII
Medium

Under 'Active Choice' in NPS, what decisions can subscribers make?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Allocate contributions across E, C, G options

  2. B

    Elect asset class proportions

  3. C

    Change allocations periodically

  4. All of the above

    Correct answer

Why this is the answer

Active Choice allows subscribers to decide how their contributions are allocated among asset classes and to adjust periodically.

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