n NISM Certifications
XVII NISM Series XVII
Medium

Why is the National Savings Certificate (NSC) suitable for retirement corpus accumulation?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    It is a short-term investment aiming for higher returns

  2. B

    It offers tax benefits on contributions, but income and maturity are taxable

  3. It does not pay periodic interest; the maturity value includes interest

    Correct answer

  4. D

    It provides asset class flexibility

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.