pension

pension

Professional Development

8 Qs

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Assessment

Quiz

Life Skills

Professional Development

Practice Problem

Hard

Created by

Lawrence Amirtharaj

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the financial pyramid, what comes the top priority?

Buying a car

Protection

Savings for children education

Creating an arrangement for retirement life

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Majorly, on what parameter based on which the HLV is calculated

Income

Gender

Educational qualification

Age

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Term Plan addresses..

Savings

Appreciation of money

investment

Financial Compensation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Health Insurance is taken for

Luxury

Showing status

meeting the unexpected medical expenses

Mandatory

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is under insurance?

Insurance without undewriting

Not having adequate insurance cover

Taking insurance under a guardian

None of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the advantage of health insurance?

Cover for entire family

Claims on cashless modes

Portablity

All of the above

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Out of the following what are the deciding factors to decide on insurance coverage? (Select Multiple answers)

Age

Income

language skills

culture

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Out of the following which one could be a luxury items

Investment in Stocks

A car worth of 20 lakhs

A education loan

Term Insurance