Question 1

What is planning?

Accepted Answer

The process of making plans for something.

Answer

The process of thinking plans for something.

Answer

The process of deleting plans for something.

Answer

The process of  denying for something.

Question 2

What is financial planning?

Accepted Answer

It is the blueprint for handling all the aspects of your money.

Answer

It is the blueprint for tackling all the aspects of your money.

Answer

It is the blueprint for apportioning all the aspects of your money.

Answer

It is the blue-chip for handling all the aspects of your money.

Question 3

Identify the picture.

Accepted Answer

Steps in financial planning

Answer

Steps in financial securities.

Answer

The cycle of division of labor

Answer

The wheel of economy

Question 4

Choose the need among the following.

Accepted Answer

Groceries

Answer

Dom Pérignon

Answer

Pizza

Answer

Cocktail

Question 5

What do you mean by 'wants'?

Accepted Answer

Increasing the quality of living.

Answer

Being lavish

Answer

Increasing the quantity of living.

Answer

Kindness

Question 6

How do to define "not spending on unwanted things" as?

Accepted Answer

value

Answer

wish

Answer

rule

Answer

habit

Question 7

whats the 3rd step in financial planning?

Accepted Answer

Creating a plan

Answer

Analyzing information

Answer

Monitoring and modifying the plan

Answer

Implementing the plan

Question 8

Abbreviation of 'SMART' goal.

Accepted Answer

Specific, Measurable, Attainable, Realistic, Time-bound

Answer

Specific, Measurable, Attainable, Reachable, Time-bound

Answer

Specific, Measurable, Attachable, Realistic, Time-bound

Answer

Specific, Manageable, Attainable, Realistic, Time-bound

Question 9

"To save Rs.200 for the next 4 months to buy a new t-shirt and trousers " Identify the timeline of this plan.

Accepted Answer

Intermediate term

Answer

Very short term

Answer

Long term

Answer

Short term

Question 10

Who are the beneficiaries of financial planning?

Accepted Answer

Everyone

Answer

Private employees

Answer

Pensioners

Answer

Share traders

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