Unit – 1 – Quiz

What is the best practice that wealth managers recognize ‘there is no improvement without first achieving’?

Distribution of accumulated funds happens?

Which of the following can be examined to determine the short term sustainability of individual finances?

Rule 72 indicates

Pension plans issued by life insurance companies are also termed as

Assume you borrowed Rs. 10,000.00 at 10% per annum compounded half yearly interest, installments to be paid semiannually over ten years. Calculate the amount of the outstanding balance for the loan after the eighth payment is made

To adjust from Net National Product to Gross National Product

Finance Function comprises

Evolution of new fee models is a trend in

Some drivers for increased focus on cyber security includes

Under this the wealth manager executes or selects brokers to execute securities transactions on behalf of the client

Out of the following, what is the micro level change?

Which of the following is/are ways to increase Net worth?

Calculate the rate of return required to maintain an investment if the inflation rate is 7% and tax rate is 10%.

The IRR may be defined as the discount rate for which the NPV of an investment is

A machine costing Rs. 50, 000.00 has a useful life of 4 years. The estimated salvage value is Rs. 10, 000.00. Calculate the depreciation using straight line method

When government is most likely to use a reflationary policy?

_____________focus on ultra highnetworth segment

Some of the factors influencing wealth manager digital adoption includes

This is suitable for HNWI’s with basic investment needs with no need for a personal touch, and primarily relies on technology for investment guidance as well as act as a touch point.

Suppose your bank offers you a deposit scheme with a two-year maturity, a quoted annual interest rate of 9% compounded quarterly, and a feature allowing reinvestment of the interest at the same interest rate. If you decide to invest Rs. 10,000.00, calculate the maturity value.

Raman wants to get a monthly income stream of Rs. 15000 for 15 years in the begin of every month. He wants this stream to start 15 years from now. So, if rate of interest is 15% per annum, then how much amount he needs today for this income stream?

Mr. X has taken a housing loan of Rs. 18.50 Lakh for 20 years. Interest rate is 11% p.a. compounded monthly. His lender has a 3.50% prepayment penalty clause on the outstanding amount in case of prepayment by the borrower. Mr. X wants to know that in case he decides to clear his housing loan after payment of 96 equated monthly installments, how much he will have to pay to foreclose the loan at that time.

Real national income measures

In finance, when a person passes away