Financial planning

Which are the unpredictable expense?

• Buying a vehicle

• Sudden death

• Earthquake

• Medical expense of family member

Income = Saving + ______

Full form of PPF?

Which are examples of long-term investment?

• Buying a house

• Buying a bike

• Buying fundamentally strong stocks

• Buying iPhone

Danish doesn't pay any tax because he is a

• chief minister

• Farmer

• government servant

• Earns less than 2.5 lakhs

Financial year = 2017-2018. Then what will be the assessment year?

• 2017-2018

• 2016-2017

• 2018-2019

• 2016-2018

30% of 50000 = ?

20% of x is 300. What will be 50% of x?

Alka spends 90% of the money that she receives every month, and saves Rs. 120. How

much money does she get monthly?

• 2400

• 1200

• 600

• 120

Shamrao's income in 2015-16 after paying all taxes is Rs. 6,40,000 . He pays Rs. 2000

per month for insurance and 20% of his annual income into his provident fund. He

puts aside Rs. 500 per month for emergencies. How much money does he have for

yearly spending ?

• 4,80,000

• 4,82,000

• 5,00,000

• 6,40,000