n NISM Certifications
XVII NISM Series XVII
Medium

When signing up for systematic investment or withdrawal plans, individuals have to decide on the amount, periodicity, and number of installments.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Fixed amount to be invested each period

  2. B

    The periodicity of the installments

  3. C

    The number of installments

  4. All the options given here

    Correct answer

Why this is the answer

These are key parameters that define the structure of SIPs or SWPs.

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