Option

Option 2

Option 3

Option 4

A
n
s
w
e
r

120000
0

2000000

3000000

1500000

Post
Retirem
ent

Earner

Learner

Just married

What does inter-temporal

allocation of resources
refer to?

Postponi
ng
allocatio
n of
resource
s until
the time
is right

Allocatio
n of
resource
s over
time

Temporary
allocation
of
resources

Diversification
of resource
allocation

The ________ the premium

paid by you towards your
life insurance, the
________ will be the
compensation paid to the
beneficiary in the event of
your death.

Higher,
Higher

Lower,
Higher

Higher,
Lower

Faster, Slower

In favor
of
insured

In favor
of insurer

The policy
will be
declared
as void
and the
insurer will
be asked
to return
the
premium
with
interest to
the
insured

The policy will

be declared as
void and the
insurer will be
asked to
return the
premium to
the insured
without any
interest

Hard
skills

Soft
skills

Negotiatin
g skills

Questioning
skills

Qu
est
ion
No.

Question Description

Mr. Rajan earns Rs.

1,20,000 a year and
spends Rs. 24,000 on
himself. The net earnings
his family would lose,
were he to die
prematurely, would be Rs.
96,000 per year.
Suppose the rate of
interest is 8% (expressed
as 0.08). Calculate HLV
During which stage of life
will an individual
appreciate past savings
the most?

If complex language is
used to word a certain
policy document and it
has given rise to an
ambiguity, how will it
generally be construed?

___________ relate to
ones ability to interact
effectively with other
workers and customers,
both at work and outside.

An