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Advanced Wealth Management Course (IIBF) - Paper 4

Part II: Ch 1: Need for Retirement Planning

Q1.

According to the OASIS Report, the number of elderly is expected to increase by 107%, to 113.0 million between 1991 and 2016.

True

False

Q2.

(I) The share of the aged in the total population will rise to 8.9% by 2016. (II) Inflation has a major impact on investment plans.

Both the statements are correct

Only statement (I) is correct

Only statement (II) is correct

Both the statements are wrong

Q3.

Demographic projections suggest that the number of aged will rise to 8.9% of the population.

True

False