SYBBI-WM Quiz 3

___________ are short term financial plans.

• Plans having duration of less than 1 year

• Plans having duration 6 months

• Plans having duration of more than 5 year

• Plans having duration of 10 years

In accumulation phase the following questions will be answered

• Where to Invest?

• What to invest?

• How to invest?

• All of the above

Winning a lottery will be a part of_______

• Accumulation Phase

• Sudden Wealth Phase

• Inter generational Transfer phase

• Reaping Phase

In __________phase, one of the investment objectives will come to and end.

• Accumulation

• Transition

• Reaping

• Sudden Wealth

___________ is the first step in the wealth management process.

• Data Gathering

• Contract signing

• Review

• Identification of opportunities

Review of the financial plan is not necessary.

• True

• False

Identity the personality.

• Dr. Alfred Nobel

• Donald Trump

• Bill Gates

• Warren Buffet

Financial Planner need to submit the report to the client for his approval.

• True

• False

How may steps are involved in Wealth Management?

• 9

• 7

• 8

• 5

CAGR is calculated for _________

• One Year

• Two Year

• For all the years for which investment is held

• None of the above