NISM 10B Investment Adviser Level 2 Notes
Page 17 Of 180
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Foreign Currency Policies: Denominated in foreign exchange, subject to LRS.
Annuity Plans: Provide regular income post-retirement.
Immediate Annuity: Payments start soon after premium payment.
Deferred Annuity: Payments begin after a specified period.
Joint Life Annuity: Covers two lives, typically spouses.
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