English New IC33 Paper 7

Que. 1 : ____________ includes preparing of budget, analysing of expenses and income flow and predicting the future monthly income & expenses
   1.  Cash Planning
   2.  Investment Planning
   3.  Estate Planning
   4.  Retirement Planning
 
Que. 2 : In progressive risk profile Investment style is _____
   1.  Estate Planning
   2.  Wealth Accumulation
   3.  Consolidation
   4.  Accumulation
 
Que. 3 : In Agressive risk profile Investment style is _
   1.  Estate Planning
   2.  Wealth Accumulation
   3.  Consolidation
   4.  Accumulation
 
Que. 4 : In Secured risk profile Investment style is ________
   1.  Spending
   2.  Consolidation
   3.  Accumulation
   4.  Estate Planning
 
Que. 5 : _________________ planning includes current need, future need, individual risk profile and income to roadmap anticipated need
   1.  Time Horizon
   2.  Risk Tolerance
   3.  Estate Planning
   4.  Financial Planning
 
Que. 6 : Which of the below is element of financial planning?
   1.  Retirement planning
   2.  Risk management
   3.  Investing – allocating assets based on one’s risk taking appetite
   4.  All of the above
 
Que. 7 : Which of the below is element of financial planning?
   1.  Risk management
   2.  Investing – allocating assets based on one’s risk taking appetite
   3.  Financing one’s needs
   4.  All of the above
 
Que. 8 : Mr Kumar wants to transfer his property in the name of his Son Vijay, this is known as _________ planning
   1.  Retirement Planning
   2.  Investment Planning
   3.  Estate Planning
   4.  All of the above
 
Que. 9 : Which among the following is not an objective of tax planning?
   1.  Maximum tax benefit
   2.  Reduced tax burden as a result of prudent investments
   3.  Tax evasion
   4.  Full advantage of tax breaks
 
Que. 10 : Financial planning is not a new discipline. It was practiced in simple form by our fore fathers. There were limited investment options then. A few decades ago equity investment was considered by a large majority to be akin to gambling.Savings were largely channelled in bank deposits, postal savings schemes and other fixed income instruments. The challenges facing our society and our customers are far different today. Some of them are:
   1.  Multiple investment choices
   2.  Disintegration of the joint family
   3.  All of the above
   4.  None of the above

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