n NISM Certifications
XVII NISM Series XVII
Medium

When an NRI exits, in what currency are the annuity and lump sum paid?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    As per the choice in the application form

  2. Only in Indian Rupees

    Correct answer

  3. C

    In INR or USD

  4. D

    In the currency of investments (NRE/NRO)

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

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