1. 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
    1. True
    2. False
  2. How much CIBIL score a person you should have to access easy credit from Financial Institutions?
    1. >500
    2. >600
    3. >650
    4. >700
  3. Ms. Sarah aged 62 have 50 Lakhs as savings. She plans to invest 40 lakhs in Equity. Is it recommended?
    1. Yes
    2. No
  4. 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?
    1. 20%
    2. 50%
    3. Entire Gains
    4. Nil
  5. 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?
    1. Fixed Deposit
    2. Bond
  6. APR is as same as the Interest rate for a Loan?
    1. Yes
    2. No
  7. 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?
    1. 1000
    2. 2000
    3. 2400
    4. 5000
  8. Which of the following is the most liquid investment?
    1. Gold
    2. Savings Account
    3. Bond
    4. Provident Fund
  9. Which of the following expenses are need and which are want?
    1. Drinking Water
    2. Banana Milkshake
    3. Designer Cloth
    4. iPad
    5. Shirt
    6. Hospital Expense
    7. Book
    8. Television
  10. What is the main purpose of Insurance
    1. Tax saving
    2. Investment
    3. Protection against any untoward incident
  11. 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?
    1. Yes
    2. No
  12. When you feel you need a haircut, whom you should not verify with?
    1. Friend
    2. Spouse
    3. Barber
  13. Which company in India first crossed $100 Billion in Market Cap
    1. Reliance Industries
    2. HDFC Bank
    3. TCS
    4. MRF
    5. False
  14. Who is this Person?