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Advanced Wealth Management Course (IIBF) - Paper 4
Part II: Ch 2: Measuring Needs
Q
1
.
(I) The shorter the time frame one plans for, the safer one would be. (II) While doing calculations for estimating expenditures, you must not factor in inflation.
Both the statements are correct
Only statement (I) is correct
Only statement (II) is correct
Both the statements are wrong
Q
2
.
Rising prices will mean rising expenditures for maintaining the same standard of living.
True
False