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Advanced Wealth Management Course (IIBF) - Paper 4

Part II: Ch 2: Measuring Needs

Q1.

(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

Q2.

Rising prices will mean rising expenditures for maintaining the same standard of living.

True

False

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