n NISM Certifications
XVII NISM Series XVII
Medium

What is the primary role of an NPS Retirement Account in a retirement plan?

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

    The Retirement Account is the investment vehicle for receiving a guaranteed pension in retirement

  2. The Retirement Account is the investment vehicle for accumulating corpus for retirement

    Correct answer

  3. C

    The Retirement Account is the investment vehicle for earning guaranteed returns

  4. D

    The Retirement Account is the investment vehicle for low risk and low returns

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

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