EASY
Earn 100

What are the objectives of financial planning?

Important Questions on Financial Planning

EASY
Medical expenses for a family member is an example of unpredictable expense.
EASY
What are predictable expenses in financial planning?
MEDIUM
Nikhil spent 5% of his monthly income on his children's education, invested 14% in shares, deposited 3% in a bank and used 40% for his daily expenses. He was left with a balance of 19000. If his monthly income was x, find the value of x.
HARD
Nikhil spent 5% of his monthly income on his children's education, invested 14% in shares, deposited 3% in a bank and used 40% for his daily expenses. He was left with a balance of 19000. What was his monthly income?
MEDIUM
Explain different areas of financial planning.
EASY
Education of children is an example of unpredictable expense.
EASY
A Natural disaster is an example of _____ expense.
MEDIUM
Alka spends 90% of the money that she receives every month and saves 120. The money she receives every month is k. Find the value of k?
EASY
What are the importance of financial planning?
MEDIUM
Mr. Manohar gave 20% part of his income to his elder son and 30% part to his younger son. He gave 10% of the balance as donation to a school. He still had 1,80,000 for himself. If Mr. Manohar's income is x, then find the value of x.
HARD
Sumit borrowed a capital of 50000 to start his food products business. In the first year, he suffered a loss of 20%. He invested the remaining capital in a new sweets business and made a profit of 5%. If his loss percent computed on his original capital is k%, then find k.
MEDIUM
Describe different steps of financial planning?
EASY
Loss due to an accident is an example of _____ expense.
EASY
Classify whether buying a vehicle is a predictable expense or unpredictable expense.
EASY
What are unpredictable expenses in financial planning?
EASY
Old age requirement is an example of _____ expenses.
EASY
Classify whether buying a house or building is a predictable expense or unpredictable expense.
MEDIUM
What are the purpose of finanicial planning?
HARD
Sameera spent 90% of her income and donated 3% for socially useful causes. If she left with 1750 at the end of the month, what was her actual income?