Charity tends to be ________ and _________ response.

Charity tends to be ________ and _________ response.A . Short term, StrategicB . Long Term, EmotionalC . Short Term, EmotionalD . Long Term, StrategicView AnswerAnswer: C

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You are an Estate Planner.

You are an Estate Planner. A client gives you the following information (given below in Table). You are required to make Quick Estimate of Estate’s liquidity. All figures are in Rupees. The estimate in this case is ______________A . 5,68,000B . (5,68,000)C . (1,30,000)D . 1,30,000View AnswerAnswer: A

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Incase of Policies issued by the LIC, _______________ days of grace are allowed for monthly premiums.

Incase of Policies issued by the LIC, _______________ days of grace are allowed for monthly premiums.A . 7 daysB . 10 daysC . 15 daysD . 20 daysView AnswerAnswer: C

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A person is deemed to have attained majority on completion of __________________ in case where a guardian of a minor’s property is appointed under the Guardian and Wards Act,1890.

A person is deemed to have attained majority on completion of __________________ in case where a guardian of a minor’s property is appointed under the Guardian and Wards Act,1890.A . 15 yearsB . 16 yearsC . 18 yearsD . 21 yearsView AnswerAnswer: D

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According to ___________ of the Registration Act, 1908 the registration of a Will is not compulsory. A suit can only be filed within ___________days after the refusal of registration by the Registrar. An oral will made by a soldier above 18 years of age will be valid for __________ while a written will be valid for ___________.

According to ___________ of the Registration Act, 1908 the registration of a Will is not compulsory. A suit can only be filed within ___________days after the refusal of registration by the Registrar. An oral will made by a soldier above 18 years of age will be valid for __________ while...

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As per Employee Provident Fund, a member can withdraw________ of the amount of provident fund at credit after attaining the age of 54 years or within one year before actual retirement or superannuation whichever is later.

As per Employee Provident Fund, a member can withdraw________ of the amount of provident fund at credit after attaining the age of 54 years or within one year before actual retirement or superannuation whichever is later.A . 100%B . 90%C . 75%D . 50%View AnswerAnswer: B

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Registration of Power of Attorney is __________in India. If Power of Attorney is in respect

Registration of Power of Attorney is __________in India. If Power of Attorney is in respect of immovable property of value more than __________ it must be registered.A . Compulsory, Rs.500B . Optional, Rs. 500C . Compulsory, Rs. 100D . Optional, Rs. 100View AnswerAnswer: D

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Full form of IRA is_____________

Full form of IRA is_____________A . Individual Revocable AccountB . Individual Retirement ArrangementC . Individual Retirement AttorneyD . Individual Retirement AggregationView AnswerAnswer: B

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You are an Estate Planner. Mr. Arun Mittal, a HNI client asks you to explain him the number of ways to dispose of his wealth. You explain to him about the three ways of disposing wealth. He further asks you to give ranking to the methods-from most preferred to least preferred. You tell Mr. Arun that the correct order is _________________.

You are an Estate Planner. Mr. Arun Mittal, a HNI client asks you to explain him the number of ways to dispose of his wealth. You explain to him about the three ways of disposing wealth. He further asks you to give ranking to the methods-from most preferred to least...

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________ plan involves only Business assets.

________ plan involves only Business assets.A . FinancialB . SuccessionC . EstateD . ContingencyView AnswerAnswer: B

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