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Question 1 reset
Which of the following characteristics are required for a risk to be insurable?
Question 2 reset
In a/an ___________ insurance plan, the exact losses incurred by an insured are not ascertainable or are difficult to ascertain.
Question 3 reset
The lock-in period for unit-linked insurance policy is ___________ to reflect the long-term, protection function of the policy.
Question 4 reset
When a bank becomes the corporate agent of an insurance company it is referred to as a _________.
Question 5 reset
The insured would get which of the following benefits from investment cum insurance policies?
Question 6 reset
Which of the following products is a pure insurance product?
Question 7 reset
In which of the following situations will the insured not have insurance cover?
Question 8 reset
The premium payable on a ULIP is higher for the same sum assured as a term policy because:
Question 9 reset
The term of insurance in non-life insurance is typically __________.
Question 10 reset
A __________ policy covers losses sustained by the employer as a result of an act of forgery, fraud or dishonesty from an employee.
Question 11 reset
Growth-oriented investments are suitable for which stage of retirement savings?
Question 12 reset
Inflation does which of the following to retirement planning?
Question 13 reset
The retirement corpus may require review:
Question 14 reset
Which of the following is a solution to manage inadequacy of retirement corpus closer to retirement?
Question 15 reset
How is the gratuity amount paid to the employee?
Question 16 reset
What is the maximum tenure of the Reverse Mortgage Scheme?
Question 17 reset
Life expectancy directly affects which of the following features of the retirement goal?
Question 18 reset
In which of the following models of the NPS is the contribution always solely by the subscriber?
Question 19 reset
A subscriber to the NPS receives the pension for income in retirement from ________.
Question 20 reset
Senior Citizens’ Savings Scheme is available for the retired personnel of the Defence Services (excluding Civilian Defence employees) on attaining the age of 50 years, subject to fulfilment of other terms & conditions. State whether True or False.
Question 21 reset
Commission received from business forms part of income from ________.
Question 22 reset
Who is not considered a "Person" as defined under the Income Tax Act?
Question 23 reset
Who is not included in the definition of an "Assessee" as defined under the Income Tax Act?
Question 24 reset
Short term capital loss can be set off against which income?
Question 25 reset
Provisions of GAAR are not applicable in which situation?
Question 26 reset
Unlisted Zero Coupon Bonds shall be considered as long-term capital asset if they are held for _____ months.
Question 27 reset
Who cannot invest in Sovereign Gold Bonds?
Question 28 reset
Maximum deduction available to a self-employed person for the investment made in NPS is ________.
Question 29 reset
Which of the following statements is False?
Question 30 reset
Which income is exempt in the hands of REIT?
Question 31 reset
A house property is transferred to the daughter-in-law by father-in-law, and the same is let out. The rent received is taxable in the hands of _______.
Question 32 reset
What do you mean by “Dying Intestate”?
Question 33 reset
If the two persons are related by blood or adoption, wholly through females then what is said for one person to another:
Question 34 reset
Who amongst the following is not a Class I her heir according to the Hindu Succession Act?
Question 35 reset
Who can be the beneficiaries in life insurance brought under Married Woman Property act 1874?
Question 36 reset
Which is the most basic legal instrument of all estate plans?
Question 37 reset
A person who prepares the Will is called a/an _______.
Question 38 reset
A will can be revoked or altered by the testator any number of times. The instrument through which a Will can be altered is known as:
Question 39 reset
What is a Probate?
Question 40 reset
How many parties are required to form a trust?
Question 41 reset
Anchoring bias occurs when people rely on _________.
Question 42 reset
According to the _____________ people treat money differently, depending on factors such as the money’s origin and intended use.
Question 43 reset
The following is the premise of Prospect Theory:
Question 44 reset
Daniel Kahneman and Amos Tversky (1979) introduced the ___________.
Question 45 reset
Behavioural finance differs from the standard model of finance because Behavioural finance:
Question 46 reset
EMI for a loan can be worked out using the _____ function in MS Excel.
Question 47 reset
Which of the following depends on the market?

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