Chapter 3 test

Answered 0 of 25Pass mark 60%

Question 1 of 25

While preparing a budget, what is left after deducting mandatory expenses (such as loan repayments and taxes) from total regular income?

SavingsDiscretionary incomeNet worthDisposable income

Practice questions are based on the NISM Series X-A workbook (February 2025), updated for later SEBI/RBI changes up to November 2026. Always check the latest NISM syllabus before your exam. Video lessons on YouTube ↗