n NISM Certifications
XVII NISM Series XVII
Medium

What is the disadvantage of investing in the Post Office Monthly Income Scheme for retirement?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    No guaranteed income

  2. Reinvestment risk due to changing interest rates

    Correct answer

  3. C

    High surrender charges

  4. D

    Default risk

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

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