n NISM Certifications
NSM General NISM
Medium

Why is ₹1 crore today worth more than ₹1 crore received 10 years later?

Practice question from Advanced B1 S5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Taxation changes

  2. Inflation and growth potential of money

    Correct answer

  3. C

    Currency conversion

  4. D

    Market volatility

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

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