n NISM Certifications
XVII NISM Series XVII
Medium

When the Expense Ratio of a household decreases, it indicates that the household is saving more, as expenses relative to income are reduced.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The household is spending more

  2. The household is saving more

    Correct answer

  3. C

    The household is servicing a huge debt

  4. D

    The household is spending more on luxuries

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

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NISM Series XVII- Retirement Adviser Moc…