n NISM Certifications
XVII NISM Series XVII
Medium

Why is it important to save for retirement over a long period?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Large corpus cannot be accumulated quickly

    Correct answer

  2. B

    Longer duration yields higher returns

  3. C

    Inflation impact is lower over long periods

  4. D

    Equity investments smoothen volatility over time

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

Test yourself for real

Take a full NISM Series XVII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.