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Financial Planning WHY & HOW?

Total questions: 15

Worksheet time: 5mins

Name
Class
Date
1.

Out of 4C which C is more important for retirement life?

a)

1st C

b)

2nd C

c)

3rd C

d)

4th C

2.

Normally how many years it takes to move up life style.

a)

3 Years

b)

5 Years

c)

7 Years

d)

10 to 20 Years

3.

How much Insurance Person of The Bare existence lifestyle should have.

a)

No Insurance

b)

5 Lac Insurance

c)

10 Lac Insurance

d)

25 Lac Insurance

4.

What is the size of your Risk?

a)

My Liabilities are my Size of Risk.

b)

My Future is my Size of Risk

c)

My Human Life Value is my Size of Risk.

d)

My Assets Risk is My Size of Risk.

5.

Which is not the common mistake of Retirement Planning?

a)

My children will take my care during retirement life.

b)

My savings would be sufficient for retirement.

c)

I have sufficient assets to protect retirement life.

d)

I have invested in guaranteed income plan.

6.

How much % people thought that Regular Income is best for Retirement Life?

a)

37%

b)

53%

c)

72%

d)

42%

7.

As per presentation How much % of income should be set aside for better future?

a)

15%

b)

10%

c)

20%

d)

30%

8.

What is the best time to buy Insurance?

a)

After 1 Month

b)

After 1 week

c)

After 15 days

d)

Before it becomes need

9.

What is the best time to start for Retirement Planning?

a)

When we retire

b)

5 years before retirement

c)

10 years before retirement

d)

When we start earning

10.

Which is not the reason for loss of income?

a)

Disability

b)

Unemployment

c)

Winning Lottery

d)

Death

11.

As per presentation, how much of working population in India have some form of social security?

a)

7%

b)

11%

c)

25%

d)

15%

12.

How many Conferences have addressed by todays presenter Mr. Sanjay Gurani?

a)

3500

b)

500

c)

2500

d)

100

13.

Which component is/are part of 4C family welfare economy from below list ?

a)

Creation of Income

b)

Consumption of Income

c)

Continuation of Income

d)

Conservation of Income

e)

All of above

14.

Which one is correct income distribution ratio?

a)

50% for home expense, 20% on lifestyle, 30% for family future

b)

30% for home expense, 50% on lifestyle, 30% for family future

c)

20% for home expense, 30% on lifestyle, 50% for family future

d)

50% for home expense, 50% on lifestyle

15.

How much of Indian population expected to be dependent by 2050? above 60 years

a)

10%

b)

15%

c)

20%

d)

25%