n NISM Certifications
XVII NISM Series XVII
Medium

What is one of the effects of inflation?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Increase in purchasing power

  2. Decrease in money’s current value

    Correct answer

  3. C

    Reduction in money’s future value

  4. D

    Increase in money’s future value

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

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