- My employer deduct tax from my Salary in way of TDS, so I don’t need to file any Tax return with the IT Department
- True
- False
- How much CIBIL score a person you should have to access easy credit from Financial Institutions?
- >500
- >600
- >650
- >700
- Ms. Sarah aged 62 have 50 Lakhs as savings. She plans to invest 40 lakhs in Equity. Is it recommended?
- Yes
- No
- Mr. Nanda has got an apartment for living in Mumbai. He sold a parcel of land in Chennai at a profit of Rs.35 Lakhs which he bought 5 years ago. How much percentage of Capital Gains is eligible to reinvest instead of paying taxes?
- 20%
- 50%
- Entire Gains
- Nil
- Mr. Neilson got some savings which he has to invest. His bank offers a fixed deposit with an interest rate of 7.2%. A friend of him who is a financial products distributor offers a corporate bond with BB rating which carries an interest rate of 9%. Which one he should invest?
- Fixed Deposit
- Bond
- APR is as same as the Interest rate for a Loan?
- Yes
- No
- Mr. Ramesh aged 25 saves Rs. 1000 a month in a deposit scheme with an annualized return of 8% a year. At the age of 60, he will get a corpus of Rs. 23 Lakhs. Suppose Mr. Nilkesh aged 35 years wants to build the same corpus at the age of 60, how much he has to invest every month?
- 1000
- 2000
- 2400
- 5000
- Which of the following is the most liquid investment?
- Gold
- Savings Account
- Bond
- Provident Fund
- Which of the following expenses are need and which are want?
- Drinking Water
- Banana Milkshake
- Designer Cloth
- iPad
- Shirt
- Hospital Expense
- Book
- Television
- What is the main purpose of Insurance
- Tax saving
- Investment
- Protection against any untoward incident
- Ms. Anu who got three sons expired at the age of 65 written a will saying that her house belongs to the eldest son. Can other children challenge the will in the court?
- Yes
- No
- When you feel you need a haircut, whom you should not verify with?
- Friend
- Spouse
- Barber
- Which company in India first crossed $100 Billion in Market Cap
- Reliance Industries
- HDFC Bank
- TCS
- MRF
- False
- Who is this Person?