1. Which of the following asset is an appropriate investment choice for contingency fund?

2. As a thumb rule, what should be the corpus that one should set aside for contingency?

3. If you save 25% of income every month how long will it take to build your contingency Fund?

4. While selecting an investment option for contingency fund, one must pick

Contingency funding: creating a cushion to fall back on?

contingency funding: creating a cushion to fall back on

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  • Level - 9,3,2,4 INTERMEDIATE

Watch this investor education video by Moneykraft to know the importance of planning and creating a contingency fund to protect against breaks in income earning capacity.

AUTHOR(s):Taruna Changulani

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financial planning, liquid funds, mutual fund products

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