Wealth Management and Financial Planning Quiz

Long term capital loss can be set-off against________,

• Short term gain

• salary

• Long term gain

• Other sources income

A______ is an evaluation of an individual or organization's willingness to take risks & threats to which an organization is exposed.

• Risk Taker

• Risk Profile

• promoter

• Return

The goal of wealth management is to sustain and grow wealth._____________,

• Long term

• Short Term

• mixed Term

• Low time

Hansika deposited 10,000 in bank FD for 5 years @ 9%. Maturity amount is FVIF (9%, 5) is 1.5386.

• 15386

• 16000

• 10000

• 10500

A bank deposit of * 25,000 will earn an interest of at the end of one year, if it earns 10% pa compounded half yearly FVIF (5%, 2) 1.1025.

• 16000

• 14000

• 13000

• 2562.5

_____________considers NAV on two dates at the beginning and end of the holding period.

• Absolute return

• Actual return

• Normal return

• expected return

________.is lesser than the nominal return.

• Inflation Adjusted return

• Average return

• Accounting Return

• Policy

_______ cannot be set off against salary income

• House property

• Other sources

• Short Term loss

• Business Loss

A taxable amount, aimed to compensate for the rising cost of living is called___________,

• TA

• DA

• Basic salary

• Bonus

1. Identify the primary role of a financial planner.

• To sell financial products to clients

• To manage a client's investment portfolio

• To help clients achieve their financial goals through comprehensive planning

• To prepare clients' tax returns