Vidyalelo
Commerce · Q514

Insurance

Graduate and Post Graduate · Commerce · question 514

Q514

State the correct statement of the following sentences.

A.
An individual with aggressive risk appetite is likely to follow consolidation
B.
An individual with aggressive risk profile is likely to follow wealth accumulation
Answer
C.
An individual with high risk profile is likely to follow gifting
D.
A person with risk aggressive style is likely to follow spending

Answer: Option B

Solution

Answer: Option B
Solution:
An individual with aggressive risk profile is likely to follow wealth accumulation. Accumulation by definition doesn't happen overnight, it is a gradual and continual increase over time. We believe one of the most important ingredients for accumulating wealth is planning. Planning to accumulate wealth enables you to work effectively toward your goals.