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WorksheetsNISM Day 2
Total questions: 11
Worksheet time: 9mins
An investor should look at _____ pillars of investing.
Scarcity & Liquidity
Safety, Liquidity & Returns
Safety, Liquidity & Risks
Safety, Liquidity, Returns & Risks
Identify Life Goals which are Financials Goals ?
a) Making Abundant Money in lifetime
b) Having a vacation in Switzerland after 2 Years
c) Having a vacation in China after 5 Years with a target amount to be expended – 3 Lakhs
d) Kids higher education in NY after 10 years with a target amount of approximately 10 lakhs
A & B
C & D
A, C & D
A, B, C & D
Does income mean a regular & definite source of earning for an individual?
True
False
Partially correct
Cannot be determined
While doing expense budgeting, wants and needs can be kept at par?
True
False
Partially True
Cannot be determined
Categorization of expenses while budgeting should be a wishful exercise?
Yes, as it does not make any difference we categorise expenses or not
No, it should be a prudent practice to categorise expenses so as to identify impulsive spending
Cannot be determined
Partially Correct
Investing is putting money in a box and store it so that wealth gets created?
True
False
Partially True
Cannot be determined
Useful tips on Saving?
A. Savings are not done once but done regularly
B.Spend less to save more;
C. Record your expenses Save to avoid debt
A & B are true
B & C are true
A & C are true
A, B & C are true
Financial goals are ________ types ?
4 - Short Term (less than 1 year), short to mid-term (between 1 & 3 years), mid-term (between to 3 to 5 years), long term (above 5 years)
3 - Short Term (less than 1 year), mid-term (between to 3 to 5 years), long term (above 5 years)
3 - Short Term (between 1 & 3 years), mid-term (between to 3 to 5 years), long term (above 5 years)
ts important to invest in instrument that beat __________?
GDP
Dynamic asset returns
Non-dynamic asset returns
Inflation
Compound interest and rule of 72 are __________ ?
Correlated
Different and non-corelated at all
Both eight wonders of World
Dynamic Asset Class (Choose the right answer)
Gold, Silver, Base Metals & Bonds
Equities, MFs, Property, Precious Metals
FDs, PPF, NSC, Small Savings Instruments
Debentures, Jewellery of gold & silver, Liquid fund, Cash
