Which of the following is considered a high-interest debt?
Credit card debt
Mortgage
Student loans
Car loan
What is the Time Value of Money ?
A unit of money obtained today is worth more than a unit of money obtained in future
A unit of money obtained today is worth less than a unit of money obtained in future
There is no difference in the value of money obtained today and tomorrow
None of the above
Which of the following Investment is giving Fixed Monthly Income
Land
MIP Mutual Fund
Gold
Growth Fund
Which of the following is considered as Investible Assets
RESIDENTIAL HOME
CAR
MOBILE
GOLD
What is the recommended debt-to-income ratio for home loan?
35% to 43%
50%
75%
80%
Which of the following is an example of a liquid asset?
Cash
Real estate
Stocks
Retirement account
Which of the folllowoing is considered as high risk investment
Time Deposit
Sovereign Gold Bond
Debt fund
Small cap Mutual Fund
Which is considered as Agreesive risk profile
50% Debt Fund - 50% equity
40% FD - 60% Equity
60% Bond - 40% Equity
20% Cash - 80% Derivative
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