UDAAN Day 1

1. If cost of Education is 10 lacs today & inflation of 6%, then in how many years cost will be doubled?

• 12

• 10

• 7

• 6

2. Customer aged 35 years, investing 2 Lac in SWP Long Variant 6 Pay 7, what will be IRR? (Generate illustration & calculate IRR based on it)

• 5.34%

• 7%

• 5.15%

• 6.20%

3. At age 39, with monthly income of Rs.85,000, If years to retirement is 19 years & assumed rate of interest is 4%, Calculate HLV

• Rs.1,93,80,000

• Rs.1,53,80,000

• Rs.1,93,60,000

• Rs.1,63,80,000

4. At age 32, what should be ideal equity investment in portfolio (Use Financial Thumb Rule)

• 58%

• 32%

• 68%

• 72%

5. Identify correct Thumb Rule for calculating years for money's buying power to become half

• 70/Return

• 72/Return

• 62/Return

• 118/Return