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What is not a capital asset among the assets below?
What is true about Strategic Asset Allocation?
What is true about Tactical Asset allocation?
What is not the objective of investment planning?
An investment earns an investor 15% but the income is taxable in the hands of the investor. The investor’s marginal tax rate is 30%. What is his after-tax rate of return?
Ashutosh has estimated that he would need to accumulate a sum of Rs. 4 Cr at the time of his retirement 20 years henceforth. Assuming the portfolio returns @7.6% p.a What must be his annual savings for the target to achieve?
After the NFO, units of a close-ended mutual fund can be bought at:
When a trader takes position in the futures market which is based on the expectation of price movements of underlying assets without owning them is known as:
When a person dies intestate how is the property distributed?
Calculate the Beta of the security if covariance between security X and market is 25 and Standard Deviation of Market is 4.
_____ are Govt. securities issued by RBI which provide inflation-protected returns to investors.
Advice that is widely available to the public through newspapers or internet or magazines is also considered as investment advice under the regulations.
Income from house property is taxable under this head if the following conditions are satisfied:
Investment advisers who are individuals or partnership firms shall have net tangible assets of value not less than _____.
Jaya needs Rs.5 Lakhs urgently for an emergency medical procedure. Which investment is she most likely to tap?
An investment adviser is required to maintain the records in physical or electronic format for a minimum period of _____.
_____ exempts from tax any amount received from an insurance policy.
_____ is the apex regulator of the securities market and also responsible for its orderly growth and protection of the investor’s interests.
Sovereign Gold Bonds have a maturity of _____ years.
In case of debenture indexation benefit is available only to _____ bonds.
_____ provides life insurance cover for the entire life of the insured person or up to a specified age.
“Buy a Put” gives the buyer ____.
Which are the following function of RBI?
Augmenting income ____.
Loss from Speculation business can be set off with _____.
The returns on ULIPS are linked to the performances of the markets.
Mr. M is 35 years old and wants to go on a holiday after 10 years and will need Rs. 500,000 in present cost for same. If cost escalates with 5% p.a., what amount he should invest every year in a balanced fund with an expected return of 9.5% p.a. to meet the goal up to requirement.
_____ involves disguising financial assets so that they can be used without detection of the illegal activity that produced them.
The maximum tenure of an RML will be ____ years.
Minimum limit of investment in NSC is ____ and maximum limit of investment is _____.
An individual is said to be resident of India if he/she satisfies the following conditions:
In which of the following situations will the insured not have insurance cover?
Financial planning is a holistic approach that considers the existing financial position.
Out of money means ____.
Equity investments are subject to ____ risk.
Which of the following has the highest liquidity risk?
_____ analysis is about looking for clues in the share price itself for its future behaviour.
The asset class in which a fund will invest will be defined by _____.
ARN means ____.
PPF account can be opened in joint name.
When a need can be expressed in terms of the sum of money required and the time frame in which it would be needed, it is called ____.
______ is the ongoing process of reviewing and valuation of the portfolio composition consisting of various asset classes.
The person making the will is the ______.
NSC are also accepted as collateral for taking Loans.
Maximum amount of investment in SCSS is _____.
_____ invests in multiple sectors and stocks falling within a theme.
Calculate the Net Annual Value if the Gross Annual Value is Rs. 500,000 and unpaid municipal tax is Rs. 15,000 for the house property.
If a person dies without making a will, it is called _____.
Additional deduction of _____ is allowed under Section 80 CCD (1B) for contribution to NPS apart from 80C deduction.
Maturity term of SCSS is ___, a one-time extension for ___ year is allowed.
No interest is paid on the contribution made after the 5th day of the month.
_____ is/are the person(s) for whose benefit the trust is created.
_____ are payments made depending upon the value of the underlying security/ instrument.
_____ strategy involves Active Asset Allocation and _____ strategy involves Passive Asset Allocation.
Mr. Bhatt has purchased a property of Rs 50,00,000 on 3rd Dec 2019 and wants to sell the property today (15th Dec 2020) will he get the indexation benefit?
_____ is a general rise in prices of goods and services over a period of time.
Calculate the inflation-adjusted return for Mr. S if he gets 10% p.a. compounded quarterly on his investment and inflation rate is 6%.
Which of the following are unsystematic risks?
From when is one eligible to make the withdrawal from a PPF account and how many times during a year?
Asset allocation that builds purely on the needs and preferences of the individual over the long term is called _____.
Mr. B invested Rs. 50,000 in equity MF of Well Co. Ltd. @Rs. 25 Per Unit. On 1st April, 2018 and now wants to sell the units at NAV of Rs. 39 Per Unit on 6th June, 2018. Calculate the tax liability.
PRAN means:
_____ is required to be sent to investors for each month in which there has been a transaction in the folio before the 10th of the subsequent month.
_____ securities are issued to existing investors on a specific cut-off date.
_____ Market enables the mitigating risk of adverse price movement in commodity to producer and user.
_____ is the first point of interaction between the subscriber and the NPS.
Eligibility for joining NPS:
The currency quoted first in the currency pair is called _____ and currency quoted next is called _____.
______ Risk is caused due to the factors that may affect the economy or market as a whole and is undiversifiable.
______ number of maximum contributions in a financial year can be made up to a specified limit.
______ is an alpha numeric symbol that expresses the credit rating agencies assessment of the ability and intention of the borrower to meet the obligation arising from the debt.
In case of NPS the minimum amount per contribution is _____.
Mr. A has estimated that he will need Rs. 25,00,000 in current terms for his daughter’s marriage after 10 years. If expenses are expected to rise by 7%, calculate the amount required for it?
Asset allocation vary with stage of life at which investor is.
_____ is deviation of actual return from expected return.
_____ is an advantage of Gold ETF over investment in physical gold.
Which of the following is deductible from the gross annual value of house property?
Calculate the nominal rate of return if the real rate is 9% and inflation is 2%?
Losses from owning and maintaining race-horses can be set off against ____.
Which of the following is a capital asset?
Mr. B has taken a loan of Rs 15,00,000 @ 9% p.a. What will be the EMI if it’s taken for 20 yrs.
All market issues compulsorily Public Issues. True or False?
Who will bear the investment risk in the case of a defined contribution plan?
A person is interested in getting returns that are similar to the market benchmark. Which option shall he choose?
_____ are also known as issue managers.
_____ are major participants in secondary market.
_____ is not a participating policy.
Which of these is mandatory as per Indian laws?
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