n NISM Certifications
NSM General NISM
Medium

What is a defined benefit plan?

Practice question from IC 38 Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Pension plan where a fixed sum is invested and available at retirement

  2. Pension plan where a fixed sum is paid regularly to a person

    Correct answer

  3. C

    Pension plan investing in stocks and shares

  4. D

    Pension plan investing in fixed deposits

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

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